Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week
Signs that market optimism is running away with itself come ahead of the U.S. midterm elections and key economic data. Go to Source Powered by WPeMatico
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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
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 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
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 price hits $20.8K as volatility ensues over Fed 75-point rate hike
The Fed acts as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up. Go to Source Powered by WPeMatico
Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011. Go to Source Powered by WPeMatico
New Bitcoin Yardstick metric says $20K BTC now ‘extraordinarily cheap’
Only once before has BTC been such good value versus hash rate — and that was long before even the 2017 all-time high. Go to Source Powered by WPeMatico
Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high
DOGE continues to outperform among major cryptocurrencies with macro volatility incoming thanks to the Fed. Go to Source Powered by WPeMatico
Bitcoin ‘double bottom’ excites bulls as NVT signal predicts major move
A strong sense of deja vu is palpable from comparing Bitcoin’s last bear market to this one, Stockmoney Lizards suggests. Go to Source Powered by WPeMatico
