Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said. Source
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Bitcoin (BTC) Retreats Slightly; FTX Receives Bids for Restart
Spot bitcoin (BTC) exchange-traded funds (ETFs) could attract at least $14.4 billion of inflows in the first year of issuance, crypto fund Galaxy Digital said in a research note on Tuesday. An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and
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Bitcoin Price (BTC) Retreats to $30.6K as Blowout ADP Report Strengthens Fed Rate Hike Bets
The ADP report surprised markets in a big way to the upside, showing 497,000 private-sector jobs added in June, more than double the consensus forecast for 220,000. The data overshadowed a report by the Labor Department that showed modest labor market weakness, with first-time filings for jobless claims rising 248,000
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Bitcoin BTC Price Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation
The market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined "First Mover" after the North American
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Bitcoin (BTC) Price Retreats Slightly From 12-Month High
Belgium's top markets regulator is ordering embattled crypto exchange Binance to immediately cease serving local customers, according to a Friday notice. The Financial Services and Markets Authority (FSMA) said Binance is "offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services,
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Bitcoin Soars, Then Retreats. What’s Behind This Week’s Rollercoaster? What’s Ahead?
Its Thursday retreat notwithstanding, bitcoin has surged about 13% over the past seven days. The spike reflects investor optimism, although macroeconomic concerns remain. Source
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Crypto Price Momentum Falters as Bitcoin BTC Price Retreats to $23.5K
“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect a significant drop in liquidity, which we will call the “Alameda Gap,” Kaiko wrote in
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MATIC Retreats From 12-Week High on Monday – Market Updates Bitcoin News
Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Market sentiment in cryptocurrencies shifted today, with the global market cap trading 2.11% lower as of
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First Mover Asia: Bitcoin Retreats Further Into the Gloom
The largest crypto by market capitalization dropped below $16.5K at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances, and FTX tops the list. Original Source
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Bitcoin Price Retreats After Fed Decision But 100 SMA Is The Key
Bitcoin price climbed higher towards $18,400 before there was a bearish reaction. BTC is now trading near a major support at $17,550 and might bounce back. Bitcoin broke the $18,000 resistance zone before there was a downside correction. The price is trading above $17,500 and the 100 hourly simple moving average. There is
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