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Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. Go to Source Powered by WPeMatico
Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43% Bitcoin Bitcoin (BTC) was trading higher on Thursday, as crypto markets … Read more
Volatility has yet to make an appearance on hourly timeframes as the clock ticks down to the September close. Go to Source Powered by WPeMatico
BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance. Go to Source Powered by WPeMatico
Analysts claim “mega whales” will make it very difficult for BTC traders to flip $20,000 to support. Go to Source Powered by WPeMatico
After rising in trading volume last night and stagnating in price, the cryptocurrency market is gaining momentum as Bitcoin trades above $19k, and Ethereum remains above $1,300. The 24-hour trading volume continues to rise, with BTCUSD’s 24-hour volume up 19%, currently at $59 billion, and ETHUSD’s trading volume up 32%, currently at $20 billion. The … Read more
A lack of interest below the June macro lows could spell serious problems for Bitcoin, Glassnode warns. Go to Source Powered by WPeMatico
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result. Ethereum also slipped following yesterday’s rebound, with … Read more
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance. Go to Source Powered by WPeMatico
The paper’s authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative. Go to Source Powered by WPeMatico