Bitcoin squeeze to $23K still open as crypto market cap holds key support
A matter of a few hundred dollars could separate BTC price action from a “short squeeze,” one trader believes. Go to Source Powered by WPeMatico
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US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%
There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength. Go to Source Powered by WPeMatico
Bitcoin erases latest gains with BTC price back below $20K as dollar spikes
Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs. Go to Source Powered by WPeMatico
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support. Go to Source Powered by WPeMatico
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to … Read more
Bitcoin price eyes $22K as US PMI data hits lowest since May 2020
BTC price bounces and the U.S. dollar falls from fresh twenty-year highs as PMI numbers reignite talk of recession. Go to Source Powered by WPeMatico
Bitcoin addresses in loss hit 1-month high as BTC price retests $21K
There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar. Go to Source Powered by WPeMatico
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to … Read more
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone. Go to Source Powered by WPeMatico
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” Go to Source Powered by WPeMatico
