Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
The latest price declines came after the US inflation rose to a 30-year high in June. Go to Source Powered by WPeMatico
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Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Go to Source Powered by WPeMatico
Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
Signs of BTC accumulation begin to emerge as the network’s hashrate rises and exchange outflows increase in July. Go to Source Powered by WPeMatico
Capital International Group purchases 12.2% stake in MicroStrategy
MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor’s control hold more than 111,000 BTC. Go to Source Powered by WPeMatico
Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K
Glassnode data reveals that investors with a long-term risk outlook have started accumulating Bitcoin during its recent downtrend. Go to Source Powered by WPeMatico
GBTC unlock edges closer as impact on Bitcoin price remains unclear
Contrary to JPMorgan’s analyst, the major GBTC unlock on July 18 might not put any downside risk on BTC’s spot price. Go to Source Powered by WPeMatico
Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term. Go to Source Powered by WPeMatico
Former CFTC chair explains why regulators should approve a Bitcoin ETF
“A Bitcoin ETF would be a way for retail investors to invest in cryptocurrency without having to actually purchase it and deal with the complexities of custody,” said Timothy Massad. Go to Source Powered by WPeMatico