Thanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years

Thanks to the FTX Collapse, Bitcoin's Price in November 2022 Looks to Join 4 out of 11 Negative NovembersSince bitcoin’s price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin’s history have seen monthly declines. Eight of the Novembers in bitcoin’s price history saw bitcoin climb higher from the first of the month to the last day of November. Following the collapse of FTX, an […]

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Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets

Bitcoin's Price Regains Some Losses, Signals Still Show Indecisive Crypto MarketsDigital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While […]

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Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’

Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin is resting above the $40k handle but the […]

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Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’

Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since 'Black Thursday'The top ten coins have done well but there’s a ton of unknown digital currencies moving up the ladder with great speed. In fact, a considerable number of cryptos have gained 50-1,520% in the last 30 days, since Black ‘Thursday’

The post Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ appeared first on Bitcoin News.

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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets

Analysts Question Gold’s Safe Haven Status - 2008 Data Shows Central Banks Oversaturated Bullion MarketsAfter bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold […]

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto PricesOn September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are […]

The post Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices appeared first on Bitcoin News.

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Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish

Markets Update: Cryptocurrency Price Trends Turn from Bullish to BearishOn Tuesday, July 31 a great majority of cryptocurrency prices dropped in value with many coins losing anywhere between 3-10 percent during the last 24-hours. Currently, with the sudden cryptocurrency market turbulence, bears have taken control of the exhausted bulls. In one intra-day of trading, the entire cryptocurrency market capitalization of all 1,600+ coins ($270Bn […]

The post Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish appeared first on Bitcoin News.

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