Profit-taking sentiment continued to trouble the Bitcoin market as the cryptocurrency fell three days in a row. The BTC/USD exchange rate slid up to 4.33 percent on Tuesday to reach an intraday low of $53,221. The pair’s move downhill came as a part of a broader bearish correction that started after it refreshed its all-time […]Read More
Key Bitcoin Takeaways Bitcoin slipped on Monday after logging a record high above $61,000 during the weekend session. Fears of a crypto ban in India and recovering US dollar and bond yields pressured the cryptocurrency. More clues about the market bias to come from this week’s Federal Open Market Committee’s meeting. Bitcoin fell more than […]Read More
Bitcoin prices edged lower on Wednesday, pressured by a stronger US dollar, as markets awaited the US Federal Reserve’s monetary policy outlook and progress around a stimulus deal. Spot BTC/USD fell more than 3 percent in the early Asian trading hours, hitting an intraday low of $31,567 per token. CME Bitcoin Futures eased by as […]Read More
Bitcoin has switched its short-term market bias from bullish to bearish in the last two weeks. The flagship cryptocurrency attracted sellers as soon as it established a fresh record high near $42,000. While the price dropped by as much as 31.57 percent since then, it also recovered due to an apprehensible buying sentiment near psychological […]Read More
Ministers from the seven influential countries called for greater regulatory oversight and laws for cryptocurrencies as the market sees increased adoption from both institutional and retail crowds. Ministers support calls for crypto regulations As per a note published by the US Department of Treasury on Tuesday, Secretary Steven T. Mnuchin met with the financial heads […]Read More
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