Tags : minutes

Bitcoin

Bitcoin Weekly Outlook: Milder Swings Expected Around FOMC Minutes

Bitcoin (BTC/USD) is paring a portion of its recent gains entering the new weekly session, trading just a little over $57,000 after breaching $60,000 last week. Bitcoin bullish bias weakens near $60,000. Source: BTCUSD on TradingView.com Investors have shifted their focus on the minutes from the Federal Reserve’s March meeting, coming out Wednesday in a […]Read More

Bitcoin

Bitcoin Weekly Outlook: Bulls Break Loose ahead of FOMC Minutes

Bitcoin exploded above $34,000 for the first time on Sunday, prolonging a record-shattering rally that yielded more than a 300 percent gain in 2020. Early evidence provided by Ki Young Ju, CEO of the blockchain analytics firm CryptoQuant pointed out that institutional investors purchased about $1 billion worth of Bitcoin via over-the-counter deals. His claim […]Read More

Cryptocurrency

Why XRP suddenly spiked 35% in 45 minutes after a

The XRP price increased by 35% within 45 minutes subsequent to a large correction after Coinbase suspended XRP trading. The main catalyst behind the sudden spike in the XRP price seems to be a short squeeze. According to data from Bybt.com, $96 million worth of XRP futures contracts were liquidated in the last 12 hours. […]Read More