Turning Point For Bitcoin And Crypto? DXY At 5-Month High
In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking
Read MoreIn a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking
Read MoreBitcoin price is range-bound but several major altcoins such as
Read MoreThe largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to
Read MoreMichael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market,
Read MoreBitcoin’s failure to rebound off strong support may open further
Read MoreBitcoin’s record low volatility is also a sign that the
Read MoreBitcoin plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions.Although the near term looks bearish, long-term investors remain unfazed,
Read MoreBitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests that Bitcoin is charting its
Read MoreThe weakness in the U.S. Dollar Index bodes well for
Read MoreThe bulls are trying to nudge Bitcoin above the critical
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