Bitcoin is now less volatile than S&P 500 and Nasdaq
A rare 2% daily loss for the U.S. dollar index gives Bitcoin and stocks an opportunity for gains, but BTC still undercuts the rest on volatility. Go to Source Powered by WPeMatico
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Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said … Read more
Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs
Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, which comes as job openings once again trended higher. Bitcoin moved away from a recent floor of $20,060, with ethereum surging closer to $1,600 … Read more
Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. Go to Source Powered by WPeMatico
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ … Read more
Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning
Potential headwinds are gathering for risk assets as Bitcoin puts FOMC volatility behind it. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower in today’s session. Bitcoin Bitcoin (BTC) dropped … Read more
Bitcoin seller exhaustion hits 4-year low in ‘typical’ bear market move
Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms. Go to Source Powered by WPeMatico
Trading Volume for Bitcoin and Ethereum Rises Significantly While Prices Remain Flat
Cryptocurrency markets continue to trade sideways this week as Bitcoin and Ethereum manage to hold support. Like yesterday, Bitcoin and Ethereum remain in the $20k and $1,500 range despite increasing trading volume over the past 24 hours. Let’s look at relevant crypto news affecting prices today. Key Points: Bitcoin and Ethereum remain above support while … Read more