Tag Archives: Bitcoin

Bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn, according to Bloomberg Intelligence’s latest report. The report discussed bitcoin and other cryptocurrencies as it relates to adoption, markets and defining asset classes.The report also explains how bitcoin is separating itself from …

Traders may have been enticed to jump the gun following Monday’s remarkable rally, which played right into smart money’s game plan as they are still in control of the downtrend. Bitcoin, Ethereum and XRP price could experience severe liquidity hunts if market conditions persist.Some investors still believe that investing in …

Crypto markets continued a second day of slide on Friday as bitcoin hovered above pivotal support at $40,000 in European hours, data show.Bitcoin bounced to $40,100 early Friday, after losing 2.9% Thursday. Some analysts are still bullish on the future prices of the world’s largest cryptocurrency. Bitcoin is trading near …

The price of stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve.Bitcoin last fell 7% to $40,009.78, according to Coin Metrics. Earlier in the day it fell to $39,785.68, falling below the key $40,000 support level for the …

Most of the largest cryptocurrencies retreated on Thursday, with UNIUSD seeing the biggest move, declining by 1.43% to $10.19. Seven additional currencies posted decreases Thursday. Dogecoin DOGEUSD shed 1.17% to 15 cents, and Bitcoin Cash BCHUSD fell 1.12% to $335.98.Bitcoin has been losing 4.5% within last 24 hours, falling back …

After peaking at $48,000 last week, Bitcoin tested the resistance level and moved sideways during the weekend’s trading. The cryptocurrency saw a weak correction simultaneously, while Ethereum made a faster recovery, testing the $3,500 area. Bitcoin tested $48,000, the end of the bullish range of its latest trend, and saw …

The price of Bitcoin surged to $47,806 on Tuesday, making MicroStrategy’s current 125,051 BTC holdings worth roughly $6 billion. MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan. MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate …

The US dollar edged lower against most major rivals on Tuesday, except against the Japanese yen, with USD/JPY soaring to 121.02, its highest since February 2016. Economic DataManufacturing activity in the US central Atlantic region rebounded in March after growing marginally in February, according to a survey from the Federal …

Bitcoin rose to a three-week high as cryptocurrencies moved with major stock market indices. Bitcoin rose to $42,673, up 4.1% within the previous 24 hours.The price of the largest cryptocurrency by market value touched $43,337 earlier Tuesday, the highest point since 3 March.Bitcoin’s price is, broadly, moving in line with …

There have been a lot of moving events during the past week, most notably the monetary policy decisions of the Fed and the Bank of England. Those decisions, which reflected a clear shift in the direction of monetary policy, led to a change in the price movement. The US Federal …