Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]
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Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.” The Probability of Bitcoin Hitting $100K — ‘Don’t […]
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Bitcoin briefly reenters four figures before a bounce takes the market up $400 in minutes amid highly volatile conditions.
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Bitcoin price continues to test the $11,400 level, leading top crypto analysts to believe a rally to $12,000 could occur soon.
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The price of Bitcoin surpassed $9,300 for the first time since July 13 but traders are still cautiously optimistic about the trend of BTC.
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Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. Simultaneously, […]
The post Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode appeared first on Bitcoin News.
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Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days […]
The post Market Update: Crypto Prices Hold Steady After Massive Bullish Spike appeared first on Bitcoin News.
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The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 […]
The post Market Update: Low Volumes and Uncertainty Shake Crypto Traders appeared first on Bitcoin News.
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Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards that could send […]
The post Market Update: Economists Envision Global Recession While Crypto Prices Soldier On appeared first on Bitcoin News.
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Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most of the top 20 cryptocurrencies have seen […]
The post Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear appeared first on Bitcoin News.
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