Category: bitcoin rally
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Fed pause is a ‘green light’ for investors; here’s what it means for crypto
With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products.
Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K
The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains.
Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023.
Bitcoin futures open interest on CME nears 2021 all-time high
The futures positioning on CME shows Bitcoin could still move higher from its current price, says IG Australia analyst Tony Sycamore.
Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
Investors will likely see Bitcoin surge even more when a spot Bitcoin ETF is approved, but other factors are needed for the rally to sustain, warn analysts.
Crypto market sentiment at highest point since BTC’s $69K all-time high
The Crypto Fear & Greed Index has returned to levels not seen since the peak crypto market rally of November 2021.
Coinbase hoses down rumors of weekly withdrawal limits on Bitcoin
Coinbase has denounced rumors of it imposing Bitcoin withdrawal limits circulating on social media as inaccurate.
Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October.
Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder
Experts remain divided on when the next bull market is set to kick off, but they all agree on one thing: the next big rally won’t look like the last one.