First Mover Americas: Bitcoin Struggles as Dollar Breaks Multi-Year Bearish Trend Line
The latest moves in crypto markets in context for April 19, 2022. Source
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Struggles
Get Ready For A Bitcoin Short Squeeze? Longs Pile Up As BTC Struggles
Bitcoin has been hinting at lower levels during today’s trading session. The benchmark crypto was rejected at around $48,000 and has been unable to reclaim its previous highs. Related Reading | Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin At the time of writing, Bitcoin trades at $43,100 with
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Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
The largest cryptocurrency by market capitalization was recently trading about $41,200, off about 1.3% over the past 24 hours. Bitcoin topped $42,000 late during U.S. trading hours Friday, a more than 7% increase from where it started the week as investors digested the long-expected Federal Reserve's 25-basis-point increase on Wednesday
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BTC price struggles below $39K ahead of expected interest rate hike by the Fed
The blockchain community got a bit of good news on March 14 after regulators in the European Parliament's Committee on Economic and Monetary Affairs rejected a ban on proof-of-work (PoW) based cryptocurrencies like Bitcoin (BTC) that would have had significant ramifications for the crypto industry. Data from Cryptox Markets Pro and TradingView
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Crypto Bulls Struggles To Defend Bitcoin’s $40,000 Level
As the Ukraine crisis worsens, Bitcoin and other cryptocurrencies are trading lower. The crypto market went down after the news broke that Russia had expelled USA Deputy Chief of Diplomatic Mission Bart Gorman following an escalation with Ukraine President Petro Poroshenko over fears for his safety.” On February 17th after
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Russian region struggles to keep up with Bitcoin mining energy demands
As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations.Russia’s Irkutsk Oblast, a federal region and Russia’s major center of trade routes from China, experienced a fourfold increase in energy consumption in 2021 due
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Bitcoin’s Net Exchange Flows Flip Bearish As Cryptocurrency Struggles For Directional Bias
A blockchain indicator tracking the flow of coins in and out of centralized exchanges is signaling a bearish shift in investor sentiment similar to the one seen before the May 2021 crash.Glassnode data shows the 90-day moving average of net exchange flows has turned positive, meaning more coins are entering
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