The recent nerves in the stock market and macro world has caused the dollar to surges to a new 2021 high, just as Bitcoin continues to set new records. But is the greenback’s awakening a dangerous situation for cryptocurrencies, or is something else afoot? BTC Barely Reacts As DXY Taps New 2021 High Bitcoin price…
Bitcoin price started a downside correction from the $68,500 zone against the US Dollar. BTC might start a fresh increase unless there is a break below $64,000. Bitcoin started a downside correction below the $68,000 and $67,000 levels. The price is still trading above $65,000 and the 100 hourly simple moving average. There is a…
Bitcoin has set a new record high of $68,571 in the early hours of Tuesday. The asset has been rallying for a while now and has reached multiple milestones since then. October had proven to be just what the doctor for the pioneer cryptocurrency as a number of bullish news saw the digital asset bound…
Bitcoin price started a fresh rally above $67,000 against the US Dollar. BTC could accelerate higher and it might even test the $70,000 level. Bitcoin started a fresh increase above the $65,500 and $67,500 resistance levels. The price is now trading above $67,000 and the 100 hourly simple moving average. There is a major bullish…
Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be credited to the returns the asset has brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation while bringing massive gains to its…
Bitcoin price failed to stay above the $62,000 support against the US Dollar. BTC could decline heavily if it breaks the $60,000 support zone in the near term. Bitcoin failed to surpass $62,500 and started a fresh decline. The price is now trading below $62,000 and the 100 hourly simple moving average. There was a…
Bitcoin price started a fresh increase above $60,000 against the US Dollar. BTC is rising and it could attempt an upside break above the $62,000 resistance. Bitcoin managed to pump above the $60,000 and $61,000 levels. The price is now trading above $61,000 and the 100 hourly simple moving average. There is a major bearish…
Bitcoin price failed to stay above the $60,000 level against the US Dollar. BTC is consolidating losses and it remains at a risk of more downsides below $58,000. Bitcoin extended its decline below $62,000 and $60,000 support levels. The price is now trading below $60,000 and the 100 hourly simple moving average. There is a…
Bitcoin exchange balances have been on the decline since the bull rally began. The volumes were expected to go up once the digital asset had hit a new all-time high in October. However, this was not the case. Previous trends have often pointed to exchange balances seeing an increase in bull markets when investors moved…
Bitcoin’s new all-time high this month has led to a number of interesting developments in the crypto space. The success of the first Bitcoin ETF contributed greatly to the price of BTC finally bursting through the $67K price point and with it has come to a spike in funding rates in the market. The ProShares…