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Bitcoin Enters Volatility Trap as Fed Decision, CLARITY Act and Fork Drama Converge

On Sunday, during the morning trading sessions, bitcoin exchanged hands for $64,466 on July 26, giving back most of a rally that had pushed the cryptocurrency above $66,900 earlier in…

Continue ReadingBitcoin Enters Volatility Trap as Fed Decision, CLARITY Act and Fork Drama Converge

Bitcoin Keeps Hitting a $68,000 Wall—A 3.55 Million BTC Cluster Helps Explain Why

Bitcoin’s advance is running into heavy resistance near $68,000 as 3.55 million BTC approach their holders’ cost basis, creating a supply wall that is offsetting strong spot bitcoin ETF demand.…

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Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap

The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend. The gradual climb…

Continue ReadingBitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap