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Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of 6.5%, was higher than … Read more
It’s decision time for BTC price action in a range which could also see a trip to $28,000, popular trader Skew believes. Go to Source Powered by WPeMatico
Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations. Go to Source Powered by WPeMatico
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session, … Read more
Bitcoin’s average block size has hit an all-time high of 2.5MB following the creation of the Ordinals protocol in January 2023. Go to Source Powered by WPeMatico
It’s all about macroeconomic data this Valentine’s Day as Bitcoin bulls face a test from a familiar source. Go to Source Powered by WPeMatico
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space. Go to Source Powered by WPeMatico
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion Bitcoin mining company, Iris Energy, announced plans […] … Read more
Bitcoin and major altcoins look vulnerable to a deeper correction after the crackdown on Paxos soured sentiment across the crypto market. Go to Source Powered by WPeMatico
Bitcoin bulls struggle to influence the trend as CPI nerves combine with already weak low-timeframe performance. Go to Source Powered by WPeMatico