What Changed in Crypto Markets While You Were Sleeping — April 26

Share Article
In Brief
  • Last week, bitcoin completed its second successive bearish candlestick.

  • Polygon (MATIC) is the biggest altcoin mover of the day — up 37%.

  • Binance will be listing MicroStrategy (MSTR), Microsoft (MSFT), and Apple (AAPL) stock tokens.

  • promo

    Free Cloud Mining Providers to Mine Bitcoin in 2021

The Trust Project is an international consortium of news organizations building standards of transparency.

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

Sponsored



Sponsored

Bitcoin update

Last week, BTC completed its second successive bearish candlestick. This led to a low of $46,930 being reached on April 25. The price has recovered slightly since then.

Technical indicators are mixed. The MACD is decreasing and has given a bearish reversal signal. However, the RSI has generated a hidden bullish divergence — a strong sign of trend continuation. 

Sponsored



Sponsored

The Stochastic oscillator is neutral. It’s been decreasing but has not made a bearish cross yet.

Altcoin movers

The majority of cryptocurrencies in the top-100 are in the green today following a slight recovery in bitcoin and Ethereum prices. XRP has moved back into the #4 spot and is now nearly $4 billion in market cap ahead of USDT.

Polygon (MATIC) is the biggest altcoin mover so far today. It’s trading at just under $0.50 in a 37% move up on the day. This marks a new all-time high for the token.

NANO is today’s biggest loser. It’s gotten bumped back to the #89 rank following an 8.5% loss on the day. NANO is having a tough time recovering ground after a huge push to $13.45 on April 18. This was the highest price NANO has achieved in more than three years. However, In the past week alone, the coin has lost more than 27% in value.

In other crypto news

  • In an announcement on April 26, Binance stated that it would be listing MicroStrategy (MSTR), Microsoft (MSFT), and Apple (AAPL) stock tokens.
  • Several high-profile individuals in the crypto space, including Vitalik Buterin, have made crypto donations for COVID-19 aid in India.
  • Ethereum gas fees had dropped to weekly lows, with fast transactions costing just 54 gwei. While weekends generally see lower gas fees as traders take time away from trading, this is the lowest price seen in weeks on the Ethereum blockchain.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Sponsored
Share Article

Migrated from the East Coast USA to South-East Asia after graduating from East Stroudsburg University. Began trading and writing about cryptocurrencies in 2016, and have been an avid investor in stocks and precious metals since my teens.

Follow Author

Crypto predictions with the Best Telegram Signal with +70% accuracy!

Join now

Free Cloud Mining Providers to Mine Bitcoin in 2021

Go

How To Mine Cryptocurrency: Beginner’s Guide

Let's Go