Cryptocurrency Analysis and News Portal
Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by selling. Data from Cryptox Markets and TradingView show a price increase
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The U.S. stock market bull run might continue because portfolio managers don’t see an inflation-led asset bubble as a threat.It is hard to accurately measure inflation and strategists say that a bubble won’t likely form in the near term, at least until the year’s end.Meanwhile, the Federal Reserve’s average inflation
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Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected. Source
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Bitcoin hit its highest price point in almost two weeks as stocks climbed. Bitcoin (BTC) trading around $9,371 as of 20:00 UTC (4 p.m. EDT). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $9,149-$9,439BTC above 10-day and 50-day moving average, a bullish signal for market technicians.Bitcoin trading on Coinbase since
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Bitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday EDT), bitcoin was changing hands
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Bitcoin saw a quick, short-lived run past $10,000 after the head of the U.S. Federal Reserve said Wednesday that interest rates will remain near 0% until the end of 2022 and its bond buying program would continue. Bitcoin (BTC) was trading around $9,894 as of 20:00 UTC (4 p.m. ET), gaining
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China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent.The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as
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