In our “Analytics” section, we analyze cryptocurrency market trends, price movements, and key developments in the blockchain industry. Here you will find expert insights, market forecasts, and breakdowns of major crypto events that influence Bitcoin, Ethereum, and other digital assets. Read the “Analytics” section on ForkNews to better understand the crypto market and make informed decisions.
The outgoing trading week began with a gradual decline in prices for all major cryptocurrency pairs. On Thursday, February 1, the rate of price decline increased, as a result of which the total capitalization of all cryptocurrencies decreased per day by 100 billion US dollars
Yesterday, when reaching daily lows, cryptocurrencies were bought in large volumes. Today we expect a continuation of this trend.
The volatility of cryptocurrency is not decreasing, which is perplexing to many professional investors. How do they apply traditional economic principles to this extremely lucrative yet unpredictable field?
Last year was quite eventful. The main thing to note is that the number of people interested in cryptocurrency has increased significantly. It's time to take stock of the main events of January.
On February 1, 2018, all cryptocurrency pairs were under bearish pressure. As a result, the capitalization of the cryptocurrency, for the first time in 2018, fell below the level of 430 billion US dollars. On February 2, the fall will continue.
Co-founder of DataTrek Research, Nick Colas, has come up with a way to determine when is the best time to invest in bitcoin. His theory lies in a certain dependence of the price of bitcoin on the frequency of search queries for the word “bitcoin” and the increase in the number of wallets.
For the three main cryptocurrency pairs, after a slight consolidation, the bearish trend will continue
For the three main cryptocurrency pairs, which are among the top three by capitalization, bearish sentiment dominated yesterday. Today the decline will continue
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