Selling Pressure Mounts as Bitcoin Nears Key Resistance; Trends to Consider
Bitcoin and the aggregated cryptocurrency market are flashing some mixed signs as BTC hovers beneath the $11,000 region. Currently,
Read MoreBitcoin and the aggregated cryptocurrency market are flashing some mixed signs as BTC hovers beneath the $11,000 region. Currently,
Read MoreBlockchain is going to revolutionize business operations across multiple industries. In another 20 – 25 years, almost everything would become tokenized and connected via a blockchain
Read MoreIt’s been quite the day for the Bitcoin and crypto-asset market, with the price of BTC breaking above
Read MoreBitcoin has seen a slight recovery since the Friday lows of $11,400. The asset now trades for $11,600
Read MoreBitcoin is pressing higher after consolidating under $12,000 for two weeks. The asset trades at $12,400 as of
Read MoreIt’s been an absurd day for Bitcoin. The asset is up in excess of 10% in the past
Read MoreBy this stage, pretty much everyone knows that bitcoin’s volatility is well above that of equity markets. This is still true, even after the ructions of March. What is less well-known is that the balance of power when it comes to volatility is shifting. Market data indicates that bitcoin markets are
Read MoreOver the past few months, we’ve seen a strong uptick in institutions adopting Bitcoin and crypto-assets.Nothing shows this as well as Grayscale’s Bitcoin Trust, a leading way that institutional investors can use to gain exposure to cryptocurrency. According to NewsBTC’s research, the trust brought in 62,972 BTC over the past
Read MoreAfter holding in the high-$9,000s for days on end, Bitcoin recently exhibited some weakness uncharacteristic to the recent uptrend. The cryptocurrency fell from the $9,800 support level to $9,100 in a move that liquidated $40 million, with BTC plunging on fears of Satoshi Nakamoto liquidating his coins.Bitcoin price chart from TradingView.com.
Read MoreJust two months ago, Bitcoin was trading at $3,700. Amid a liquidation event in traditional finance and growing fears of a recession and a pandemic, global markets were tanking, crypto included.But just eight weeks and a block reward halving later, BTC just recently traded at $10,000 — just over 170%
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