Bitcoin Dips As Powell Voices Plans To Accelerate Bond Taper
Jerome Powell – Chairman of the Federal Reserve – has now confessed that rising US inflation numbers are not “transitory”. As such, he is considering speeding up the taper on…
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Bitcoin Rejected at $59K as Shiba Inu Explodes 27% (Market Watch)
After another unsuccessful attempt to overcome $59,000, bitcoin slumped by a few thousand dollars to $56,000. Most alts have stalled on a daily scale, aside from Shiba Inu, which has…
Bitcoin Price Analysis: First Bullish Signs Following the Weekly Close
After a wild week of volatile price swings, BTC managed to hold the key support at $57.1K, closing the weekly candle at $57.3K. Bulls pushed the price higher, heading into…
Crypto Markets Gain $130B in a Day as Bitcoin Reclaimed $57K (Market Watch)
Following a few consecutive days of price slides, bitcoin finally bounced off by adding $4,000 of value. Most alternative coins are well in the green as well, with impressive daily…
Crypto Correction Deepens: Market Cap Below $2.5 Trillion, Ethereum Amid $4K Again (Market Watch)
The landscape in the cryptocurrency market continues to look dim, with bitcoin falling to overcome $55,000. The altcoins also struggle as Ethereum is close to breaking below $4,000, while Polkadot…
Bitcoin Price Analysis: After Friday’s Bloodbath, is the Selloff Over?
Just as Bitcoin started showing early positive developments of recovery, fear of a new variant of COVID-19 sent global stocks sharply lower, causing the crypto market to decline. Although the…
Market Watch: Bitcoin Concludes Its Worst Day Since September
The last day was particularly tumultuous throughout the entire cryptocurrency market and bears clearly had the upper hand. While an argument can be made that this is a correction that…
El Salvador Buys The Dip, Adds 100 More Bitcoin To Existing Stash
Nayib Bukele – President of El Salvador – recently announced that his country has purchased another 100 Bitcoin. That’s about $5.4 million worth of the primary cryptocurrency, at today’s prices.…
Crypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns
The new COVID-19 variant coming from South Africa has brought more pain to all financial markets. As the futures contracts of the world’s most prominent stock indexes have slumped, the…
Over $300M Liquidated in an Hour as Bitcoin Dumps Below $55K to 6-Week Low
Bitcoin plummeted by several thousand dollars in just a few hours to a six-week low of under $55,000. Most of the cryptocurrency market experienced an even more severe crash. The…
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