After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April.
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Category: Correction
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Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst […]Powered by WPeMatico
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set […]Powered by WPeMatico
Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete.
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Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
Bitcoin has fallen just 17% from ATH which makes this correction the shallowest of the year so far.
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Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets
Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient investments. But some volatile stocks also felt the correction in crypto, now […]Powered by WPeMatico
1.1M noobs panic sell, but Bitcoin hodlers DGAF
Weak hands are panic selling, but long-term BTC holders have seen it all before.
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Analyst Warns of Broad Correction in the Cryptocurrency Market
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing, Says Analyst Vanda Research published a report Monday warning of […]Powered by WPeMatico
Bitcoin markets record deepest retracement since Black Thursday: Raoul Pal
With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce.
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Peter Brandt: ‘Laser eyes’ to blame for Bitcoin correction — but it’s ‘very mild’ anyway
Bitcoin has corrected 17% so far but could have much further to go.
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