Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers.
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Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making.
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,…
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead.
Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
BTC price action needs to reclaim the $29,500 mark to avoid resuming its pattern of lower lows on the weekly chart.
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months,…
U.S. Inflation Hits Four-Decade High of 8.6%
The consumer price index data shows that the U.S. annual inflation rate has hit a fresh four-decade record of 8.6%. May CPI Prints at Four-Decade High of 8.6% U.S. inflation...
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and…
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
Bitcoin simply will not budge from its multi-week range, and morale is suffering as a result.
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