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Bitcoin (BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBlackRock Bitcoin ETF plan buoys marketsData from Cryptox Markets Pro and TradingView showed BTC/USD circling $25,500 on Bitstamp, after bouncing around $1,000 from the previous day’s
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Bitcoin's price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for
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Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin stays muted on eve of CPIData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting near $27,700 at the day’s Wall Street open.The pair had seen deeper losses
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The price of Ethereum's Ether (ETH) token has retreated from its recovery trend versus Bitcoin (BTC) while making a series of lower highs in April.ETH price risks more losses vs. BitcoinAs of April 24, the ETH/BTC pair was down about 5.5% from its local high of 0.0709 BTC six days
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Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank's 57.7% stock crash which was due to significant losses and "suboptimal capitalization." The U.S. fintech-friendly bank was a key financial infrastructure provider for exchanges, institutional investors and mining companies and some investors are worried that its potential
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Bitcoin price is facing a major hurdle near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,500 support zone. Bitcoin seems to be facing a major challenge near the $21,450 and $21,500 levels. The price is trading above $20,600 and the 100 hourly simple moving
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Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is
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The Solana price slid more than 3% over the last 24 hours and landed in the red. The price of the asset has been consolidating over the past few weeks. SOL has been struggling to get past its immediate resistance mark, which is further fueling the coin’s downslide. In the
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The value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standard’s Chartered global research head and chief strategist.As initially reported by Bloomberg, a note to investors published on Dec. 4 from the multinational bank’s chief strategist Eric Robertsen weighed up a potential
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Bitcoin (BTC) bulls were hopeful that the Nov. 21 dip to $15,500 would mark the cycle bottom, but BTC has not been able to produce a daily close above $17,600 for the past eighteen days. Traders are clearly uncomfortable with the current price action and the confirmation of BlockFi's demise on
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