Demand

Despite the recent breakdown, the price of Ethereum (ETH) has continued its downward trend. This latest decline is due to the rejection of the resistance at $3,515.40.

The cryptocurrency market is on the rise and the demand for cryptoassets is increasing globally due to the inflation that several countries, including the United States, are experiencing.

The cryptocurrency market is thriving as the month of August draws to a close.

On August 19, LUNA recorded its all-time high of about $33.4 with a 7-day gain of 72%. But why did the price of this 14th cryptocurrency by market cap skyrocket?

Polkadot price (DOT) has reached a high of $15.54 as it moves in the uptrend.

Uniswap's share price (UNI) is bouncing higher after retesting the previous low at $13.94.

Several customers' demand for a variety of contactless payment alternatives is triggering unprecedented growth. As per the new findings, the number of smart point-of-sale terminals is heading for a massive growth in the coming few years since retailers and consumers are increasingly embracing and adopting the financial and payment technology.

The bitcoin (BTC) price edged higher after surging to a high of $34,600 and then retreating. Buyers were unable to sustain the bullish run above the $34,400 high. Today, the bullish momentum has dried up at the $34,400 resistance as the market resumes selling pressure.

Uniswap (UNI) price has fallen above the $20 support as the price again consolidates above it. The cryptocurrency had previously hit a peak price of $23.29 on July 7, but the bulls failed to maintain bullish momentum above the $23 high.