Bitcoin has been incurring significant volatility over the past few days, which is, in many ways, emblematic of the improving market conditions, as BTC surged from year-to-date lows of below $4,000 to recent highs of nearly $14,000. Now, analysts are noting that the Fed’s recent dovish stance regarding the economy is what sparked the latest…
Believe it or not, China was once the de-facto capital of Bitcoin (BTC). The nation, after all, spawned Bitmain and many early crypto asset investors, presumably due to the culture of risk, speculation, and technological development. Related Reading: China Banned Everything Bitcoin, Video Games Seem To Be Next But, ever since the ban on cryptocurrency…
After incurring a massive influx of buying pressure that sent Bitcoin (BTC) to nearly $14,000 yesterday, the cryptocurrency has plummeted lower and is now struggling to find support in the upper-$10,000 region. This massive volatility has led many investors to question whether or not $13,800 was a long-term top for BTC, but analysts are now…
Bitcoin and the aggregated crypto markets have been incurring major volatility as of late, with BTC surging to fresh 2019 highs yesterday before rapidly plummeting. During this volatility, most major altcoins failed to match Bitcoin’s gains on the way up, but subsequently plummeted lower when BTC failed to maintain its upwards momentum. Now, one prominent…
One of the regular financial analysts on CNBC’s “Future’s Now” segment has argued that the sharp drop in the Bitcoin (BTC) price over the last 24 hours is healthy for the market. Jim Iuorio is hoping to see prices bounce above the $10,000 mark. If Bitcoin is able to find support above the psychologically-relevant price…
The calls for a Bitcoin correction have been getting stronger. Talk of altseason has also started to intensify as many expect the daddy of crypto to take a breather sooner or later. Altcoins have generally been battered during this recent digital gold rush but that could all change if BTC pulls back. Bitoin Bounces From…
The long awaited bitcoin correction could be beginning as the king of crypto drops over 10 percent from yesterday’s high. A flash crash that wiped out $2,000 in two hours was quickly recovered but those gains haven’t held as prices start to go south again. First Red Bitcoin Candle In Over a Week Pulses quickened…
During times of economic distress, the shiny chemical element, commodity, and precious metal known as gold, is often looked to by investors seeking to place capital in a safe haven “hedge” against falling fiat values, and in the face of uncertainty surrounding traditional markets such as real estate or the stock market. Bitcoin shares many…
Ever since Bitcoin broke out of the lowest bear market trading range where its yearly lows were set, the crypto asset has skyrocketed, reaching prices not seen since before the bear market began in 2018. Alongside Bitcoin price itself, the crypto asset’s dominance comparative to other assets in the crypto market – altcoins such as…
Despite the fact that crypto assets are bleeding out against Bitcoin, the Ethereum-based LINK (Chainlink) has recently received the support of Coinbase. This comes amid BTC’s move to $13,400, marking a 333% rally from the cycle bottom of $3,150. LINK Down 1.2% Despite Coinbase Listing Announced Wednesday via a blog post, Coinbase Pro, the startup’s…