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Bitcoin price at risk? US Dollar index confirms bullish ‘golden cross’

September 26, 2023 by DIGIT

Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. Go to Source

Categories Bitcoin, BTC Price, debt, dollar strength index, DXY, Fed, gdp, Markets, Recession, stagflation, Treasury, US Dollar

Chinese gov’t fires up the printer — How will it impact Bitcoin price?

August 29, 2023 by DIGIT

China enacted a number of economic stimulus initiatives to bolster its stock market but will there be a down the pipeline impact on Bitcoin? Go to Source

Categories China, Dollar, DXY, IPO, Markets, Stocks, Yuan

Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?

August 15, 2023 by DIGIT

Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes. Go to Source

Categories Bollinger, DXY, Glassnode, Holders, Markets, OIL, On-Chain, S&P, WTI

Bitcoin price is down, but data signals that $30K and above is the path of least resistance

July 25, 2023 by DIGIT

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. Go to Source Powered by WPeMatico

Categories DXY, Glassnode, longs, margin, Markets, OKX, Regulation, Securities, Whales

Why is XRP price down today?

July 24, 2023 by DIGIT

XRP price is down today like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week. Go to Source Powered by WPeMatico

Categories DXY, Ripple, SEC, U.S. Dollar Index, why is XRP price down today, XRP price outlook

Bitcoin price falls under $30K as macro and regulatory worries take center stage

July 17, 2023 by DIGIT

As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Go to Source Powered by WPeMatico

Categories Asia, Basis, China, DXY, Fed, Markets, SEC, Securities

Will Bitcoin catch up? BTC price was $40K when the dollar was this weak last time

July 13, 2023 by DIGIT

Bitcoin has the chance to set off on a “parabolic curve” as the U.S. dollar index threatens to dive below 100, a popular trader says. Go to Source Powered by WPeMatico

Categories Bitcoin, BTC Price, DXY, US Dollar

Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?

July 5, 2023 by DIGIT

The Dollar Index disconnect from Bitcoin does not necessarily mean that BTC price is about to experience a big rally, historic data suggests. Go to Source Powered by WPeMatico

Categories Bitcoin, BTC Price, correlation, Dollar, dollar strength index, DXY, ETF, Markets, reversal, stimulus

Bitcoin traders weigh next move with BTC price at crucial 200-week trendline

June 8, 2023 by DIGIT

Bitcoin keeps the market guessing over how it will treat the 200-week moving average at $26,500. Go to Source Powered by WPeMatico

Categories Bitcoin, btc price analysis, DXY, US Dollar

Bitcoin, gold and the debt ceiling — Does something have to give?

May 18, 2023 by DIGIT

Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Go to Source Powered by WPeMatico

Categories Binance, Congress, debt, DXY, Long, margin, Markets, OKX, Short, Treasury
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,478.00-2.04%
  • ethereumEthereum(ETH)$3,027.12-2.14%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.47%
  • binancecoinBNB(BNB)$882.21-0.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.08-4.57%
  • tronTRON(TRX)$0.2860681.44%
  • staked-etherLido Staked Ether(STETH)$3,025.02-1.69%
  • dogecoinDogecoin(DOGE)$0.138489-5.41%
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  • bitcoinBitcoin(BTC)$89,478.00-2.04%
  • ethereumEthereum(ETH)$3,027.12-2.14%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.47%
  • binancecoinBNB(BNB)$882.21-0.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.08-4.57%
  • tronTRON(TRX)$0.2860681.44%
  • staked-etherLido Staked Ether(STETH)$3,025.02-1.69%
  • dogecoinDogecoin(DOGE)$0.138489-5.41%