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Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings. Go to Source Powered by WPeMatico
BTC price action is back above the 200-week moving average, but the Fed may still sour the mood. Go to Source Powered by WPeMatico
Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure. Go to Source Powered by WPeMatico
As expected, this week, the stock market opened in a bear market, with the Dow losing 876 points, S&P falling into bear territory, and the Nasdaq selloff continuing. Bitcoin and Ethereum saw significant bearish momentum on Monday, which continued through Tuesday, with the Bitcoin price losing nearly 25% this week and the Ethereum price down … Read more
Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their … Read more
Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. Go to Source Powered by WPeMatico
Guibert Englebienne, co-founder of Globant, an Argentinian software development company, stated that all companies should be aware of what nascent technologies such as crypto, NFTs, and the metaverse are offering. Englebienne explained that these new technologies might disrupt the operations of existing businesses, and that some time might need to be invested to understand these … Read more
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. Go to Source Powered by WPeMatico
We are witnessing the inevitable as far as Cryptocurrency Market Trading is involved. No matter how we all wanted an unstoppable bull market run, there must come a time when the charts will disappoint us. The General Cryptocurrency Market has been in a steady dull condition for a while now. There has been over $965 … Read more
Bitcoin and altcoins are seeing heavy selling as today’s massive unwinding could be the final capitulation-level event before the market finally hits a bottom. Go to Source Powered by WPeMatico