3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap. Go to Source Powered by WPeMatico
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Bitcoin price battles $23K as data says US in ‘technical recession’
The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers. Go to Source Powered by WPeMatico
Crypto Bull Run Incoming? Bitcoin Price Up 7%, Global Crypto Market Rises Above $1 Trillion
Bitcoin price is up over 7% in the past 24 hours, rising above the $22k support level and currently trading at $22,843. Ethereum price continues to outperform Bitcoin, presently trading at $1,622, up over 10% in the past day. With the recent rise in Bitcoin and Ethereum prices, the global cryptocurrency market cap is once … Read more
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum rallying to a fresh six-week high over … Read more
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
The Fed rate hike and comments from Jerome Powell serve to buoy risk assets, with one analyst arguing that the worst of the bank’s “hawkish” phase has already passed. Go to Source Powered by WPeMatico
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia
Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Cost of Electricity, Logistics Determine Russian Miners’ Choice … Read more
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come. Go to Source Powered by WPeMatico
Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally? Go to Source Powered by WPeMatico
Bitcoin futures data shows ‘improving’ mood’ despite -31% GBTC premium
CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful. Go to Source Powered by WPeMatico
Coinbase stock (COIN) in danger of another 60% crash by September — Here’s why
COIN could tumble to $21 in the next few months amid Coinbase’s insider trading allegations and weak technicals Go to Source Powered by WPeMatico