Monday, April 22, 2024
Home > Nerves

Grayscale ETH trust nears record 60% discount as nerves continue over DCG

The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH).There are many reasons behind the ongoing decline, but in recent weeks fears have grown that fallout from parent company Digital

Read More

Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sets new two-year lowData from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low.After initially rebounding

Read More

Bitcoin braces for US inflation data as CPI nerves halt BTC price gains

Bitcoin (BTC) hit multi-day lows into Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Market "could get ugly" if CPI keeps risingData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $22,668 on Bitstamp at the most

Read More

Bitcoin tests traders’ nerves as analyst reissues $400K BTC price forecast

Bitcoin (BTC) was on repeat Dec. 2 as markets watched another attack on $60,000 end in defeat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Nothing has changed"Data from Cryptox Markets Pro and TradingView showed BTC/USD back at $57,000 Thursday, having come full circle in 24 hours.The pair had briefly hit $59,000 into

Read More

Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price

Bitcoin’s (BTC) fell below critical $44,000 support on Monday as concerns over China spilled over into crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price sinks through supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding 2% in an hour to hit local lows of around $43,400.The pair had

Read More