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JPMorgan Thinks Bitcoin Could Plunge to $13K Following the FTX Crisis

JPMorgan’s team, led by Nikolaos Panigirtzoglou, predicted that the price of bitcoin could drop to $13,000 due to the turmoil following the FTX collapse. The cost to produce BTC has…

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$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10

Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a brief rally after Binance announced its intention to…

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Almost $400 Million in Liquidations as BTC Drops Below 20K

Despite the rally during the past couple of weeks, the cryptocurrency took a beating today. Bitcoin’s price plunged by more than 5%, dropping $20K. The total liquidations on a 24-hour…

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Worrying Signs for BTC But is a Drop Below $20K in Play? (Bitcoin Price Analysis)

Bitcoin has finally surpassed the 100-day moving average, which has been the most powerful resistance to the price for the last five months. After a short-term period of consolidation, the…

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Bitcoin Price Analysis: After Spiking to 7-Week High, Can BTC Target $24K Next?

After recording its highest daily close since September, breaking above the 100-day moving average line, Bitcoin’s price eyes higher targets. Technical Analysis Technical Analysis By: Edris The Daily Chart On…

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Federal Reserve Announces 75 BPS Rate Hike, Bitcoin Rockets to $20,600

The Federal Reserve on Wednesday hiked its benchmark interest rate by another 75 basis points after its regularly scheduled Federal Open Markets Committee meeting.   As usual, Bitcoin experienced volatility upon…

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