Bitcoin could fall more than 65% from its November 2021 all-time high of just over $69,000, with the largest cryptocurrency up 19% over the past 30 days and on track for its best month since last year. Bitcoin's 30-day gain is the biggest since October, which can be seen as a bullish signal as markets …
Bitcoin rose 19% in July, its best month since last year Read More »
With the Fed raising interest rates by 0.75% and the release of the US second-quarter GDP report at -0.9%, the cryptocurrency market has picked up pace. Bitcoin, the world's first cryptocurrency, surged 11% to trade at $23,926, while Ethereum, the second-largest cryptocurrency by market capitalization, was at $1,731 after gaining 15.28% in the past 24 …
This bitcoin price indicator is zero, bitcoin was $27,000 over the weekend? Read More »
The crypto market is losing steam again after the weekend relief rally abated. One of the main reasons for this year's decline is the increase in market FUD ahead of the Fed meeting. Bitcoin [BTC] has fallen below the $21,500 mark again as we approach a critical crossroads. Emotional baptism Bears took full control and …
Bitcoin enters this decisive level as FUD rules the crypto market Read More »
Last November was the "high point" for bitcoin prices. No one could have imagined that six months later, Bitcoin would fall off its pedestal and enter its darkest bear market cycle. Bitcoin fell off a cliff in late May, falling below $21,000 on June 14 to its lowest level since December 2020, and is still …
Bitcoin fell for the fifth time in six sessions, dropping more than 5% on the day to below $21,000 a coin. Ethereum fell 10% on the day to $1,438 a coin. Smaller virtual currencies like Avalanche and Solana also saw big drops. Cryptocurrencies are wobbling again ahead of the Federal Reserve's interest rate hike on …
Bitcoin is nearing the bottom of this rout, don't you think? The federal Reserve interest rate hike, the biggest negative factor, is slowly out of the exhaust, interest rate cycle is finished and then the next interest rate contraction, ushering in a new round of us dollar oversend flood irrigation cycle. It's been more than …
Is bitcoin in a bear market? Most of the prevailing wisdom is that this is a bear market, but sometimes the truth is in the hands of a few people. Sometimes it is necessary to think in a new way, to discard the old way of thinking and start over. Maybe bitcoin isn't a real …
Is Bitcoin in a real bear market right now? Musk is giving everyone new thinking Read More »
Selling bitcoin is a way for companies to shore up their balance sheets. Recently, CryptoQuant, a crypto analytics firm, said miners were quickly dumping their bitcoin holdings. In just 24 hours over the weekend, miners dumped a total of 14,000 bitcoins, worth more than $300 million at current prices. In the past few weeks, the …
Miners surrendered, dumping $300 million in bitcoin in 24 hours Read More »
Optimism surrounds bitcoin's price potential, but warnings also point to a close correlation with stocks. Bitcoin (BTC) hit $24,000 when Wall Street opened on July 20 as good times in the crypto market continued to spring up. BTC price rebound 'all macro driven' BTC/USD breached the latest milestone after a brief consolidation, according to Cointelegraph …
The price of bitcoin has crashed this year, but some people in the coin circle believe that bitcoin will reach 100,000 DOLLARS sooner or later, or even higher. Have you ever thought about what the value base of Bitcoin is? Digital gold of the future? Or become a peer-to-peer payment tool? The many facets of …