Auto Added by WPeMatico

Bitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin,…

Continue ReadingBitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Fed Leaves Rates Unchanged but Global Markets and Bitcoin Slide: This Week’s Crypto Recap

Another seven days have passed and, unfortunately, they weren’t any better than the week before. Traditional and cryptocurrency markets are tumbling, despite the US Federal Reserve leaving rates unchanged and…

Continue ReadingFed Leaves Rates Unchanged but Global Markets and Bitcoin Slide: This Week’s Crypto Recap

Rollercoaster Continues – Bitcoin Dipped Below $47K as Global Markets in Deep Red

Bitcoin’s positive price movements were short-lived once more as the asset fell to $47,000 again. The altcoins are in the red as well, with Ethereum sliding below $4,000 and Polkadot…

Continue ReadingRollercoaster Continues – Bitcoin Dipped Below $47K as Global Markets in Deep Red

Crypto Market Cap Gains $150B in a Day as Ethereum Reclaims $4K (Market Watch)

Bitcoin fell below $47,000 once more in the past 24 hours, but the Fed’s rates announcement sent it north by more than $3,000. The altcoins also registered impressive price increases…

Continue ReadingCrypto Market Cap Gains $150B in a Day as Ethereum Reclaims $4K (Market Watch)

Crypto Hedge Funds are Outperforming Following Bitcoin’s Decline Since November

Bitcoin ended the month of November down 7% but hedge funds with a more diverse portfolio of cryptocurrencies only dropped 2% for the period according to the Eurekahedge Crypto-Currency Hedge…

Continue ReadingCrypto Hedge Funds are Outperforming Following Bitcoin’s Decline Since November

Bitcoin Spiked $3K Daily Following The Fed’s Rate Decision

Today, Bitcoin and most of the cryptocurrency market recovered some ground lost during the week, following a favorable reaction to the U.S. Federal Reserve’s announcements to keep the interest rates…

Continue ReadingBitcoin Spiked $3K Daily Following The Fed’s Rate Decision

Bitcoin Reclaims $48K: Avalanche Soars 15% Following USDC News (Market Watch)

Bitcoin reacted well to the most recent price slump and jumped by a few thousand dollars to above $48,000 as of now. Most altcoins are also in the green today,…

Continue ReadingBitcoin Reclaims $48K: Avalanche Soars 15% Following USDC News (Market Watch)