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BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000. Go to Source Powered by WPeMatico
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. Go to Source Powered by WPeMatico
The eerie fractal risks sending Bitcoin’s price to $25,000 despite its sharp recovery in the previous weeks. Go to Source Powered by WPeMatico
On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. Go to Source Powered by WPeMatico
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves. Go to Source Powered by WPeMatico
Analysts say record high inflation in the United States is impacting crypto market momentum, but is the impact of the data overstated to the detriment of investors? Go to Source Powered by WPeMatico
Inflation is currently at its highest rate since 1982. This is due mostly to the pandemic which caused global shutdowns and supply chain issues throughout the world. This supply chain blockage affected cat and home inventory, and construction materials to produce these products skyrocketed in price. Building a home obviously requires lots of materials. … Read more
BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended. Go to Source Powered by WPeMatico
“Since the end of the 19th century, there have been seven distinct currencies in the region that is now Czechia,” says SatoshiLabs’ in-house economist Josef Tětek. Go to Source Powered by WPeMatico
Recent strength in BTC and the recovery in equities markets are boosting investors’ confidence and giving bulls the upper hand in Friday’s $860 million options expiry. Go to Source Powered by WPeMatico