Seasonal Trends Point To $50,000 Target
Bitcoin (BTC), the largest cryptocurrency on the market, has again failed to consolidate and reach the $38,000 level for the third time,
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seasonal
Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport
The largest cryptocurrency by market cap tends to rally in the month of July, the report said. Source
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Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed
●Bitcoin (BTC): $30,115, −4.76% ●Ether (ETH): $1,820, −5.83% ●S&P 500 daily close: 4,101, −0.75% ●Gold: $1,851 per troy ounce, +0.45% ●Ten-year Treasury yield daily close: 2.93% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX Bitcoin Price Index (XBX); Ether is the CryptoX Ether Price Index (ETX);
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BTC hash rate slumps amid seasonal miner migration in China
Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many miners migrating to other jurisdictions.On Oct. 26, Thomas Heller of Bitcoin (BTC) mining blog Hashr8 reported that roughly 22 exahashes per second (EH/s) of mining power had left
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