Crypto markets rally as inflation rages at 30-year high
In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday.
Auto Added by WPeMatico
In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday.
LPT, LRC and KP3R saw strong gains on Nov. 9 as Bitcoin price hit a sell wall and retraced to underlying support levels.
On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the…
Nonetheless, LTC/USD is at risk of a price correction as it paints a classic bearish reversal pattern.
Analysts say BTC price is set for a near parabolic price move once the “last” resistance at $67,000 is cleared.
The price rise over the weekend put Bitcoin’s market cap within $600 billion of Amazon.
The latest BTC price jump above $65,000 has all the signs of a classic bullish breakout.
Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher.
The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC.
BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon.