Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip
Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness. Go to Source Powered by WPeMatico
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Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ethereum has entered a bearish range that preceded a 35% price crash in the April-May 2022 session. Go to Source Powered by WPeMatico
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote. Go to Source Powered by WPeMatico
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Volatility is closing in, but traders may have to wait until the end of the year if history is to repeat itself, one analyst warns. Go to Source Powered by WPeMatico
Small Bitcoin investors stop whales from crashing BTC price below $18K
Bitcoin price has avoided a bigger plunge below $18,000 in recent months, raising expectations that a market bottom is forming. Go to Source Powered by WPeMatico
Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different
BTC price performance weakens after another crack at resistance near $20,000, but exchanges are showing a mounting tug-of-war between bulls and bears. Go to Source Powered by WPeMatico
Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks
A relief bounce on risk assets looks to enter after Empire State Manufacturing Index numbers for October fall far short of expectations. Go to Source Powered by WPeMatico
‘Get ready’ for BTC volatility — 5 things to know in Bitcoin this week
Up or down, it is high time that Bitcoin made a significant move, market participants agree. Go to Source Powered by WPeMatico
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse … Read more
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department of Financial Services (DFS), and the bank said it was … Read more