Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. Go to Source Powered by WPeMatico
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Crypto’s downturn is about more than the macro environment
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term. Go to Source Powered by WPeMatico
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover at these lows, with many traders … Read more
Price analysis 10/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Go to Source Powered by WPeMatico
Bitcoin traders expect sharp volatility, here’s how to profit from it
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility. Go to Source Powered by WPeMatico
Crypto traders shift their focus to altcoins while Bitcoin price consolidates
Traders shift their focus to XRP, UNI, QNT and EGLD while Bitcoin continues to consolidate around the $20,000 level. Go to Source Powered by WPeMatico
Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price … Read more
Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC
Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes. Go to Source Powered by WPeMatico
Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC. Go to Source Powered by WPeMatico
Ethereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. Go to Source Powered by WPeMatico