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Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike

It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted…

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Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its…

Continue ReadingBitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister

The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…

Continue ReadingEl Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister

$1.25 Billion in Liquidations as Bitcoin Price Briefly Dips Below $21K

The cryptocurrency market downturn continues with no signs of slowing down. Bitcoin dipped below $21K, leaving around $1.24 billion in total liquidations over the past 24 hours. The bloodbath in…

Continue Reading$1.25 Billion in Liquidations as Bitcoin Price Briefly Dips Below $21K

Weekend Massacre: Over $500M Liquidated as BTC Dumps to $27K, Altcoins See Double-Digits Crash

The adverse price developments in the cryptocurrency space only intensified in the past 24 hours, with new weekly, monthly, and even yearly lows registered from many altcoins. With double-digit drops…

Continue ReadingWeekend Massacre: Over $500M Liquidated as BTC Dumps to $27K, Altcoins See Double-Digits Crash