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Market Analysis – Magic Cryptocurrency

Market Analysis

CME Data Shows Institutional Investors Undeterred by Bitcoin Price Drop

CME Bitcoin (BTC) futures and options markets expired on May 29, and despite a $100 hiccup, the price of the largest digital as...

XRP Price Must Shake 30-Month Lows Vs. Bitcoin to Start Rally

As Bitcoin (BTC) has been consolidating recently, many majors have been showing strength with double-digit movements. For insta...

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back

Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenar...

Is Bitcoin Price Finally Ready for Breakout Above $10,000?

The price of Bitcoin (BTC) had seen a substantial rally before the halving, as the price topped at $10,100. Since then, the BTC...

Cardano and Ethereum Price Surge Alongside Bitcoin — Will XLM Follow?

The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s pr...

Bitcoin Price Rallies to $9.6K as Record CME BTC Contracts Expiry Looms

Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the fa...

Ethereum Network Use Hits a New All-Time High — Will ETH Price Follow?

According to a recent report by Delphi Digital, the total gas used on the Ethereum blockchain has reached an all time high and ...

Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows

Bitcoin (BTC) price had a relatively muted day as the digital asset traded between $8,700-$8,885.  Currently, the price remains...

FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash

As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins ...

Why All Eyes Should Be on the $9,000 Bitcoin Price Level This Week

Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled ...