World Teeters on Recession: What it Means for Crypto (Opinion)
U.S. Treasury yields edged up Monday as markets focus on inflation woes and recession risk. All eyes are on a two-day Federal Reserve policy meeting that concluded this Wednesday, and…
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Nigerians Rush to Buy Bitcoin Amid Economy Collapse (Report)
The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked…
Crypto Markets Add $100 Billion Following the Fed’s 75 BPS Rate Hike (Market Watch)
Unlike the previous Fed interest hikes, bitcoin went on a roll this time, adding over $2,000 in hours to set a new weekly high. The altcoins are also well in…
$400 Million in Liqudations as Bitcoin Soared to Weekly High Above $23K
Somewhat surprisingly, the crypto market reacted quite well to the latest interest rate hike from the US Fed, with prices soaring to new weekly highs. As such, the number of…
Bitcoin Pumps to $22k as Fed Hikes Rates by 75 BPS
Bitcoin’s volatility surged once again following the latest Federal Open Markets Committee (FOMC) meeting. The primary cryptocurrency rose by 2.5% in response to the US central bank’s announcement of another…
Is Another $19K Retest Inbound for BTC? (Bitcoin Price Analysis)
Market movements are frequently consisting of two phases – an expansion phase where the price changes sharply in either direction, followed by a correction phase in which the price forms…
Bitcoin Reclaims $21K Ahead of FOMC Interest Rate Announcement (Market Watch)
After yesterday’s price dip below $21,000, bitcoin regained some traction and reclaimed that level. Most altcoins have also turned green today, with MATIC and Ethereum Classic standing out as the…
MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”
Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that…
Here’s What Could Kick off a Bitcoin Bull Rally According to TD Ameritrade
As the primary cryptocurrency hovers around $21,000, retracing back from the weeks-high level at $24,100, experts across the industry remain cautious in regards to its upcoming price action. However, emerging…
Bitcoin Retraces to $21K as Crypto Market Drops Below $1 Trillion (Market Watch)
Bitcoin’s nosedives continued in the past 24 hours, with the asset dropping to and below $21,000. The altcoins are also suffering, with Ethereum slumping by another $100 and more massive…
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