Cointelegraph By Rakesh Upadhyay

Nonfarm payrolls rose by 315,000 jobs in August, down from the July increase of 526,000 jobs. The report was just below the Dow Jones estimate of 318,000 jobs and the slowest monthly gain since April 2021. The S&P 500 rose in response to the report, but later erased...

The S&P 500 ended its four-week-long recovery last week after minutes from the Federal Reserve’s July meeting hinted that the central bank’s rate hikes will continue until inflation is under control. Members of the Fed said there was no evidence that inflation pressures appear be easing.Another dampener was...

Bitcoin’s attempt to form a bottom has lured altcoin traders to focus on ETH, MATIC, FTT and ETC. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com

Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com

Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com

Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com

Bitcoin dropped 56.2% in the second quarter of 2022, according to crypto analytics platform Coinglass. That makes it Bitcoin’s worst quarter since the third quarter of 2011 when BTC price fell by 67%. A large part of the damage was done in the month of June when Bitcoin...

Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com

Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple slipped below the previous cycle’s low. Bitcoin’s fall below $20,000 on June 18 also marked the biggest loss...

Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT. By: Cointelegraph By Rakesh Upadhyay cointelegraph.com