Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion. Go to Source Powered by WPeMatico
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Senator Cynthia Lummis excited to buy the Bitcoin dip
The conservative Republican from Wyoming plans to buy more BTC if the price drops further. Go to Source Powered by WPeMatico
US Senator Cynthia Lummis ‘Excited’ About Bitcoin’s Price Falling, Plans to Buy the Dip
U.S. Senator Cynthia Lummis said that she is “really excited” about the low price of bitcoin, and is planning to buy the dip. “As soon as it drops a little more I’m going to buy some more,” she said. The senator believes bitcoin is a great store of value. Pro-Bitcoin US Senator Cynthia Lummis Plans … Read more
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom
Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet. Go to Source Powered by WPeMatico
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction? Go to Source Powered by WPeMatico
MicroStrategy stock tanks with Bitcoin as S&P 500, Nasdaq rally
MSTR shares declined by as much as 12% on Tuesday as the broader U.S. stock market showed signs of strength. Go to Source Powered by WPeMatico
Bitcoin price clings to $32K as on-chain metrics hint at further downside
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low. Go to Source Powered by WPeMatico
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties. Go to Source Powered by WPeMatico
Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds. Go to Source Powered by WPeMatico
Bitcoin may lose $30K price level if stocks tank, analysts warn
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico