Tags : reasons

Bitcoin

Web3 builder points out key reasons why U.S. SEC isn’t

Web3 builder points out key reasons why U.S. SEC isn’t approving Bitcoin ETFs Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › U.S. › Analysis Over nine Bitcoin ETFs are awaiting approval in the US. But why isn’t the SEC giving them the […]Read More

Bitcoin

Calls for Bitcoin Breakout Above $50,000 Grow; 3 Reasons Why

A recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair closing above $50,000 in the coming daily sessions. The market strategists see the pair doing extensively well despite the sell-off that crashed its prices by more than 21 percent last week—its worst weekly performance since March 2020. This renewed optimism […]Read More

Market

3 Reasons Why Bitcoin’s Price Just Fell by $3K

Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000.  The top cryptocurrency slipped from nearly $49,000 to $45,926 during the early Asian hours and was last seen changing hands near $47,790 – down 1.8% on the day, according to CoinDesk 20 data.  The decline […]Read More

Market

Ethereum’s Road to $2K: 3 Reasons to Be Bullish

Ethereum, the second-largest cryptocurrency by market capitalization, set a new all-time high of $1,439.33. This is the first time the digital asset has been over the $1,400 level since Jan. 13, 2018. Ethereum’s YTD gains now total 66.15% – over 6x higher than the leading cryptocurrency and outstripping both Polkadot (DOT) and Chainlink (LINK). Despite […]Read More

Bitcoin

3 Reasons Why Bitcoin Could Retest $40,000 All Over Again

Bitcoin remained under a selling pressure this Thursday as its price fell by another 1.5 percent. The benchmark cryptocurrency touched an intraday low of $34,200, making a higher high after falling below the key $34,000-support level in the previous session. Its plunge majorly appeared due to profit-taking sentiment among traders and investors primarily after the […]Read More

Bitcoin

3 Reasons Why Bitcoin Price Crashed by More Than $11,000

Bitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986. The flagship cryptocurrency shed more than $11,000, or roughly 29 percent, in just three days of trading to hit a session low just shy of $30,000. Its plunge also trimmed roughly $205 billion off its market […]Read More

Bitcoin

3 Reasons Why Bitcoin Could Retrace Back to $34,000 This

Bitcoin dived by as much as 16.33 percent on Monday, almost inching closer to log its worst single-day performance since March 202o. However, the benchmark cryptocurrency narrowly escaped the bearish assault on favorable buying bias near its intraday low of $27,678. Bitcoin continues its corrective trend lower after hitting a record high on Sunday. Source: […]Read More