Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. However, on-chain data from analytics tool Glassnode showed buyers were stacking sats and sending newly-bought Bitcoin to long-term wallet holdings instead of selling the asset outright […]Read More
Bitcoin printed new lifetime highs near $50,000 this morning, having crowded out excess bullish leverage in the derivatives market with a swift price drop on Monday. The top cryptocurrency by market value clocked a record high of $49,950.93 at around 08:00 UTC Tuesday and was last seen trading near $49,280, representing a 2.8% gain on […]Read More
Bitcoin is once again in the news, the subject of internet chatter, and watercoolor talk. It is for the first time also the darling of Wall Street, beating out every other financial asset under the sun. The media blitz, rising price, and widespread FOMO has those who have lost Bitcoin in the past feeling the […]Read More
Bitcoin saw some wild overnight volatility that came about after a flurry of selling activity liquidated long positions and sent its price reeling lower This selloff was quite intense and caused the aggregated market to face some immense selling pressure that is showing no signs of letting up One analyst explained that where the market […]Read More
Bitcoin’s price recovered quickly from Monday’s small market sell-off, approaching a new resistant level at $24,000 Tuesday. Traders and analysts said it is because demand has continued to rise despite minor negative market movement. Bitcoin (BTC) trading around $23,433.85 as of 21:00 UTC (4 p.m. ET). Gaining 2.64% over the previous 24 hours. Bitcoin’s 24-hour […]Read More
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