Bitcoin experienced a significant uptick, surpassing the $52,000 barrier after swiftly recovering from Saturday’s decline. Monday witnessed vigorous buying activity, propelling the price to its highest levels in the past five days, marking a notable resurgence to levels unseen since November 2021. Technically, Bitcoin faces minimal resistance levels until it …
Read More »Bitcoin Exceeds $44,000 as Whale Accumulation Indicates Further Surge
Bitcoin has surged over $44,000 for the first time since January 12, the day after spot ETF debuts, marking a new all-time high in US equity indices. The largest and oldest crypto by market value rose from $42,700 earlier in the day to as much as $44,300, its highest price …
Read More »Market Drivers – US Session, January 31
US treasuries rallied on Wednesday, owing to slower-than-expected hiring and a surprising loss from New York Community Bancorp, heightening concerns about the sustainability of US regional lenders. New York Community Bancorp wrote down poor bad estate loans, dropping its shares 36% and pushing down regional bank share values across the …
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