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Summary: The crypto fear and greed index is currently at a 6, the second-lowest since August 2018, when it fell to a value of 5. Bitcoin has lost the crucial $20k support level and hit a local low of $18,742, with the weekend possibly opening the doors to more losses. A drop below
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A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly twelve successive weeks of losses for the asset. Source
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Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few
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Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cryptox Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to
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Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. inflation print proves setbackData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28. The
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Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin volume surges with more expectedData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $28,000 on Bitstamp — its lowest since May 12
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Bitcoin (BTC), the largest cryptocurrency crashed to as low as $25,892 on the week of May 9, the lowest since December 2020. Since then, bitcoin has recovered somewhat and stabilized around the $30,000 level. As of press time it was changing hands around $30,223. Original Source
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Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$20,000 retest ‘highly unlikely’Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing after the daily close to tentatively build on $30,000.Still, in a multi-day range,
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Bitcoin price had a treacherous weekend, capping off what has been nearly a 20% loss since the Fed meeting last week. The selloff has now taken the top cryptocurrency by market cap to the lowest point all year, setting a significant lower low for the first time in 2022. With BTCUSD
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Crypto majors dropped in European morning hours on Monday amid a slump in broader global markets. Original Source
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