Trends

One of the most fascinating aspects of Bitcoin (BTC) is the cryptocurrency’s volatile price history. The chart makes for interesting viewing and often leads us to question how and why certain things have happened. When we consider the roughly five or six peaks in its history, we can usually tie them to specific events or trends.

Dogecoin (DOGE) is moving between the moving averages. It is above the 21-day line SMA but below the 50-day line SMA. The current price fluctuations will continue until the trends resume.

Chief Designer Big Joe, Way of Wade shoes department of LI-NING, announced that his first NFT work "Wizard Shop in ESSENCE" will be auctioned at Poly, Xiamen on September 22nd. The preview will be on September 20th, and the auction ends at 22:00 (UTC+8) on September 26th.

It seems that cryptocurrency users and investors are more interested in Cardano (ADA) than Bitcoin (BTC). Cardano is now a potential Ethereum killer compared to other altcoins.

Decentralised Finance (DeFi) saw exponential growth in 2020 and 2021 promises to be yet another defining year. What’s particularly exciting is how DeFi has coincided with broader trends in banking and the rise of fintech 2.0 and neobanks.

Protecting gadgets, networks and information from clever hackers has been a critical issue since the very appearance of digital technologies. Now, when the pandemic of COVID-19 forced entire countries to isolate themselves, the industry became even more vulnerable, thus showing the need for new solutions.

The cryptocurrency market has shown itself as one of the most volatile markets in the world. Bitcoin and altcoin price daily fluctuations sometimes vary from 4% to 40%. Most of the traders have to struggle with such a high volatility level and keep on earning instead of losing.

It’s been an unexpectedly good year for blockchain and cryptocurrencies. Economic uncertainty, driven by global slowdowns in the face of a pandemic, has seen renewed interest in currencies that don’t rely on traditional banking institutions. Bitcoin, while it may not return to the heights it reached in 2017, continues to fluctuate in an upward direction.

This week has seen more signs that bullish trends have returned to Bitcoin (BTC) and the entire cryptocurrency market. The next bull run could be near.