Cryptocurrency News

3 reasons why the Bitcoin price bottom is not in

08/22/2022

Less than a minute

2022.08.22 02:42

3 reasons why the Bitcoin price bottom is not in

Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.

On the daily chart, BTC’s price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August. Nonetheless, some on-chain indicators suggest that Bitcoin’s correction phase could be coming to an end.

08/22/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,536.01 4.06%

Ethereum (ETH) $ 3,469.36 3.54%

XRP (XRP) $ 3.24 0.97%

Tether (USDT) $ 1.00 0.06%

Solana (SOL) $ 218.82 2.94%

BNB (BNB) $ 719.90 0.90%

Dogecoin (DOGE) $ 0.428849 12.52%

USDC (USDC) $ 1.00 0.01%

Cardano (ADA) $ 1.13 2.39%

Lido Staked Ether (STETH) $ 3,473.06 3.75%

TRON (TRX) $ 0.248459 3.56%

Avalanche (AVAX) $ 41.41 2.25%

Chainlink (LINK) $ 25.46 8.21%

Sui (SUI) $ 4.90 2.73%

Stellar (XLM) $ 0.479605 1.47%

Shiba Inu (SHIB) $ 0.000025 10.05%

Wrapped stETH (WSTETH) $ 4,154.54 5.14%

hedera-hashgraph

Hedera (HBAR) $ 0.365892 6.71%

the-open-network

Toncoin (TON) $ 5.62 2.14%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,874.83 3.60%

Polkadot (DOT) $ 7.49 2.89%

WETH (WETH) $ 3,471.36 3.66%

Litecoin (LTC) $ 135.94 7.85%

Bitcoin Cash (BCH) $ 491.75 4.35%

Uniswap (UNI) $ 15.08 3.80%

LEO Token (LEO) $ 9.73 0.22%

Pepe (PEPE) $ 0.000021 11.67%

Bitget Token (BGB) $ 7.06 4.87%

Hyperliquid (HYPE) $ 23.01 2.01%

Wrapped eETH (WEETH) $ 3,668.91 3.54%

NEAR Protocol (NEAR) $ 5.78 10.25%

USDS (USDS) $ 0.999009 0.30%

Ethena USDe (USDE) $ 1.00 0.05%

Aptos (APT) $ 9.77 3.87%

internet-computer

Internet Computer (ICP) $ 11.34 3.40%

Aave (AAVE) $ 338.15 6.45%

VeChain (VET) $ 0.054879 4.98%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.508263 5.80%

Ethereum Classic (ETC) $ 28.36 4.03%

Monero (XMR) $ 227.89 1.31%

Render (RENDER) $ 7.97 5.32%

crypto-com-chain

Cronos (CRO) $ 0.146978 1.64%

Bittensor (TAO) $ 487.39 7.69%

Kaspa (KAS) $ 0.154952 4.60%

Algorand (ALGO) $ 0.462911 5.75%

Mantle (MNT) $ 1.13 0.27%

Artificial Superintelligence Alliance (FET) $ 1.41 4.45%

MANTRA (OM) $ 3.81 1.42%

Filecoin (FIL) $ 5.80 1.95%

Dai (DAI) $ 1.00 0.01%