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3232Bitcoin Balances on a Razor’s Edge: Is a Breakout or Breakdown Looming?
https://www.digit.info/bitcoin-balances-on-a-razors-edge-is-a-breakout-or-breakdown-looming/
Fri, 20 Dec 2024 19:10:23 +0000https://www.digit.info/bitcoin-balances-on-a-razors-edge-is-a-breakout-or-breakdown-looming/Read more]]>On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery. Bears Take a Breather Despite recent turbulence, the crypto market […]
]]>Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
https://www.digit.info/feds-minutes-report-bludgeons-global-markets-stocks-crypto-precious-metals-slip-in-value/
Thu, 06 Jan 2022 19:30:21 +0000https://www.digit.info/2022/01/06/feds-minutes-report-bludgeons-global-markets-stocks-crypto-precious-metals-slip-in-value/Read more]]>Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news was published as stock markets roiled, crypto markets shed billions, and precious […]
]]>Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
https://www.digit.info/crypto-economy-loses-billions-in-market-downturn-bitcoin-price-slips-more-than-25-in-30-days/
Sat, 04 Dec 2021 14:23:45 +0000https://www.digit.info/2021/12/04/crypto-economy-loses-billions-in-market-downturn-bitcoin-price-slips-more-than-25-in-30-days/Read more]]>A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitcoin slid below the $50K zone to a low of $43,972 per unit. Since then, bitcoin has […]