Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers. Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD hitting $13,130 in early trading Wednesday, the pair reclaiming almost $1,000 in 24 hours. The past days have surprised markets, with analysts previously warning a major…

Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners  Binance in the top spot. But this stands in stark contrast to the words of CoinMarketCap’s Chief Strategy Officer and acting CEO Carylyne Chan, who said in a podcast interview…

BTC price breakout talk returns as the popular hash ribbons indicator goes from "capitulation" to "buy" for the first time in 2024.

The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals.According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more.$20,000 makes 50-BTC hodlers happyBitcoin is famous for its relationship with the $20,000 price tag.Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000…

Hint: It's not a blockchain company. Frederik Gregaard, the incoming CEO of the Cardano Foundation, shared his perspective on FinTech's competitive landscape and major technology trends with Cointelegraph.Discussing competition, Gregaard said that the protocol's biggest opponents do not come from within the blockchain space:“I think the biggest competitor, it's really the largest technology companies today around,…

Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital asset will bottom.Over the weekend, the price attempted to recover from the dip to $8,600 and a quick pop to $9,141 excited investors looking for the digital…