Litecoin Is Undervalued, Onchain Indicator Suggests
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.…
Tag: cryptocurrency
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure. The heavily shorted U.S. dollar surged against the basket of…
Bitcoin’s 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
A break below the average would call into question the bull market’s strength, one analyst said. Bitcoin (BTC) has come under pressure of late amid…
Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week. Bitcoin (BTC) faced selling…