Cryptocurrency Analysis and News Portal
A major market talking point in recent weeks has been bitcoin's elevated correlation with U.S. stocks, especially the tech-focused Nasdaq 100 Index. But the S&P 500 and Nasdaq were both in positive territory on Tuesday, as crypto markets appeared to suffer from negative sentiment. Source
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Bitcoin is still stuck in the $38,000 area with sideways movement during the past week. The first crypto by market cap has displayed resilience as traditional finances take a bearish turn. Related Reading | Bitcoin Holders Trigger Largest Capitulation In Its History, Bearish Horizon For BTC? At the time of writing, Bitcoin (BTC)
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The Federal Open Markets Committee (FOMC) is holding its two-day, closed-door meeting to discuss rising inflation starting today. Source
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"Key capital market indicators show that a significant slowdown in global growth is already discounted," MRB Partners, an investment strategy firm, wrote in a recent report. Once geopolitical tensions ease, global equities could have meaningful upside, according to MRB. That could be positive for crypto given the rising correlation between
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"USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like bitcoin will intensify," Saylor tweeted in response to Musk's inflation query
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India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors. Economic Affairs Secretary Discusses Cryptocurrency Regulation in India India’s economic
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The broader crypto market recorded its second day of growth ahead of a U.S. Federal Reserve (Fed) statement on Wednesday. Prices of bitcoin, ether and other major cryptocurrencies rose as much as 7% in the past 24 hours, with memecoin Dogecoin leading gains among the biggest assets by market capitalization.Terra's
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"First Mover" hosts were joined by Marc Lopresti, managing director at The Strategic Funds, for an in-depth analysis on the crypto markets as cryptocurrencies suffer yet another sell-off. Since November, about $1.3 trillion has been wiped out in the total market cap. Plus, what could we expect from the Biden
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Bitcoin's (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S.
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Bitcoin (BTC) sought cues from the United States Federal Reserve on Dec. 14 as markets waited anxiously for news on policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC higher lows remain safeData from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing in a range around $47,000 as Wall St. opened on Dec.
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