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The Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

The bloodbath that brought BTC down from $21,000 to below $18,000 during the weekend has resulted in the largest USD-denominated realized loss for bitcoin investors. Interestingly, long-term holders were among…

Continue ReadingThe Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)

After several consecutive days of freefalls and new multi-yearly lows, bitcoin finally bounced off and jumped to and beyond $20,000. The altcoins have also turned green today, with ETH spiking…

Continue ReadingBTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)

Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which…

Continue ReadingCelsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

After Massive Volatility, BTC Bounced Off $20K, Altcoins Recover Double-Digits (Market Watch)

The past 24 hours brought more price fluctuations to the cryptocurrency market, especially after the US Federal Reserve announced the highest interest rate hike since 1994. Nevertheless, bitcoin managed to…

Continue ReadingAfter Massive Volatility, BTC Bounced Off $20K, Altcoins Recover Double-Digits (Market Watch)

Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its…

Continue ReadingBitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Crypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch)

The adverse price movements in the crypto markets just don’t seem to stop as bitcoin took another leg down and is close to breaking below the $20,000 mark. Some altcoins…

Continue ReadingCrypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch)