Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.
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Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly.
Michael Saylor assuages investors after market slumps hurts MSTR, BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans.
Bitcoin retests key $30K support zone as data highlights BTC whale accumulation
Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone.
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply.
Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks.
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022?
Fed hikes interest rates by 50 basis points in effort to combat inflation
The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades.
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000.
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