Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year. Go to Source Powered by WPeMatico
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MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors
The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000. Go to Source Powered by WPeMatico
Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months. Go to Source Powered by WPeMatico
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. Go to Source Powered by WPeMatico
Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins. Go to Source Powered by WPeMatico
Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The relative strength index is making lower highs while correcting from its overbought area. Go to Source Powered by WPeMatico
Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K?
The indicators, coupled with a strong bid momentum versus the offers, suggest that the Bitcoin price could push above $50,000 in the coming sessions. Go to Source Powered by WPeMatico
Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger. Go to Source Powered by WPeMatico
Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin
Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting. Go to Source Powered by WPeMatico
Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases
The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar. Go to Source Powered by WPeMatico