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Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets

Bitcoin’s performance the past 24 hours is flat as the world’s oldest cryptocurrency loses ground from Tuesday’s jump to over $9,400. Bitcoin (BTC) trading around $9,378 as of 20:00 UTC (4 p.m. EDT). Gaining 0.05% over the previous 24 hours.Bitcoin’s 24-hour range: $9,276-$9,389BTC above 10-day and 50-day moving average, a bullish

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Market Wrap: What Twitter Hack? Traders Stay Busy Buying Bitcoin at $9,000

A crypto-related Twitter hack didn’t deter traders from snatching up $9,000 bitcoin. Wednesday’s Twitter hack didn’t seem to bother traders very much.  “The attack may have harmed bitcoin’s public perception, but the fact that the market has hardly reacted is a positive sign,” said Rich Rosenblum, co-founder of New York-based trading firm

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Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700?

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here).However, would a

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Bitcoin Can Stay Bullish After 15% Retracement as Long as This Crucial Level Holds

Just 24 hours ago, analysts expected for Bitcoin to gun for fresh highs past $10,100. The cryptocurrency was holding $9,800-10,000, seemingly poised to press even higher than it already had.Bears, however, had the upper hand, sending Bitcoin crashing by $2,000 within a day’s time. It was a move that liquidated

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