BTC, ETH, TON, and MATIC Price Analysis: April 11

High volatility could send Bitcoin above $72,000 before the halving event. A bearish bias could send ETH down to $3,366 but increased buying momentum could drive the value closer to $4,000. TON’s bullish momentum could be stopped, while MATIC could get rejected at $0.93. Volatility in the crypto market was at a high level between […]

The post BTC, ETH, TON, and MATIC Price Analysis: April 11 appeared first on Coin Edition.

BTC, ETH, TON, and MATIC Price Analysis: April 11

  • High volatility could send Bitcoin above $72,000 before the halving event.
  • A bearish bias could send ETH down to $3,366 but increased buying momentum could drive the value closer to $4,000.
  • TON’s bullish momentum could be stopped, while MATIC could get rejected at $0.93.

Volatility in the crypto market was at a high level between the 10th and 11th of April. At one point, Bitcoin’s (BTC) price dropped to $67.574. Hours later, the price of the coin pumped above $70,000, like it was at press time.



However, one notable swing was that of Toncoin (TON), whose value was at $6.66 during the intra-trading hours on the 10th. By the 11th, TON’s price had increased by 14.46% and hit $7.64.

As a result of this price movement, TON contracts were one of the ones with the highest liquidations in the last hour. According to Coinglass, the TON positions wiped out were valued above $256,000.

Crypto Market Liquidation (Source: Coinglass)

In this piece, Coin Edition analyzes the price of TON and others, including BTC, Ethereum (ETH), and Polygon (MATIC).

BTC

As expected, Bitcoin experienced high volatili…

The post BTC, ETH, TON, and MATIC Price Analysis: April 11 appeared first on Coin Edition.