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QCP Capital’s latest analysis provides a snapshot of a crypto market attempting to stabilize amidst significant macroeconomic turbulence. QCP Capital Highlights Macro Pressure on Bitcoin’s Inflation Hedge Role On Monday,…
Bitcoin’s price soared toward $96,000 during the Monday morning Asian trading session but was quickly stopped there and pushed south hard. The altcoins are taking this beating even harder, with…
Bitcoin’s calmness over the weekend continues as the asset has failed to make a major move from its tight range between $94,000 and $95,000. In contrast, several altcoins, such as…
Bitcoin’s volatile end of the week resulted in a price drop toward $91,000 and a subsequent surge to $96,000 before the asset calmed roughly in the middle. The altcoins continue…
Over the past week, the cryptocurrency market has faced a decline, shedding $190 billion since Jan. 4. However, by Friday, as the weekend nears, the market exhibited a modest recovery,…
The cryptocurrency market experienced a sell-off throughout the past seven days, with the total capitalization shedding close to $200 billion during that period. Bitcoin’s price tumbled toward $93,000, liquidating hundreds…
Bitcoin just doesn’t seem to be able to catch a break, as the asset slipped below $93,000 on a couple of occasions in the past 12 hours or so. Many…
Bitcoin plummeted beneath the $95,000 threshold following unexpectedly vigorous U.S. employment data, fostering a pervasive risk-averse mood across markets, QCP Capital observed. Risk-Off Wave Hits Bitcoin — QCP Capital Reports…
A lot can change in the cryptocurrency markets within 24 hours, and the last day proved that narrative, as BTC slumped from over $102,000 to $95,200. The altcoins have suffered…
After cresting at an impressive $102,760 per coin, the preeminent cryptocurrency, bitcoin (BTC), has precipitously fallen beneath the $100,000 threshold, reaching a nadir of $97,124 per unit. Bitcoin Below $100K,…