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Bitcoin (BTC) saw classic BTC price volatility into the Nov. 7 daily close as a “short squeeze” took the market near $36,000.BTC/USD 1-hour chart. Source: TradingViewBitcoin hits "key" short squeeze priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reacted amid highly elevated open interest (OI) on exchanges.Previously,
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Bitcoin (BTC) is clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations.BTC/USD 1-hour chart. Source: TradingViewBTC price reacts as CPI surpasses predictionsData from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying muted after two-week
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Bitcoin (BTC) ticked higher around the May 10 Wall Street open as United States inflation data beat expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMarkets eye June Fed rate hike pauseData from Cryptox Markets Pro and TradingView showed BTC/USD responding instantly to the April Consumer Price Index (CPI) print, up 1.7%
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Ethereum has seen an upwards push of 4% in the last couple of days as whales have displayed elevated levels of activity. Ethereum Whale Transactions At Highest Level Since December 16th As per data from on-chain analytics firm Santiment, whales have made 611 transactions in the past day. The relevant indicator here
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Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The
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On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t
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Bitcoin has recovered above $23,000 multiple times now, but the digital asset remains in a perilous position. This is because the recovery alone has not been able to assure that the bull trend would endure. Rather, it has been falling the brief buying and selling pressures that have been plaguing
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Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhite House warns ahead of "decisive day"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,500 prior to the Wall Street open, down over
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The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales. Bitcoin Exchange Whale Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC whales are sending their coins to exchanges at the
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Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners continue to search for
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