Tags : Emerges

Bitcoin

Bitcoin dips below $50,000 even as a “sell-side crisis” emerges

Bitcoin, the world’s largest cryptocurrency by market cap, lost the $50,000 price level this morning amidst a broader sell-off in both equity and crypto markets. It trades at $48,000 at press time and is down -5% compared to yesterday. But despite the fall, data from on-chain analytics platform Glassnode showed that long-term holders were accumulating […]Read More

Bitcoin

One Year Later: Bitcoin Emerges As “The Stimulus Asset”

Bitcoin price is trading at above $52,000 currently, yet less than one year ago from today it struggled to crack $10,000. Failure sent the cryptocurrency plummeting to Black Thursday lows, but from there confirmed the bear market was over, and has been in an uptrend ever since. During that time, compared to all other assets, […]Read More