Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure
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Trader Who Said Bitcoin Would Hit $3ks Isn’t Sure Ethereum Is Bullish
While all eyes have been on Bitcoin over the past 36 hours, it is Ethereum that is the best-performing top cryptocurrency of the past week. Data suggests that the asset has gained approximately 35% in the past seven days alone, an astonishing gain fo
Should Bitcoin Have Trading Halts or Circuit Breakers?
October 19, 1987. Better known as Black Monday (now a Showtime original series), it was the worst market crash in US history since Black Tuesday on October 29, 1929, which triggered the Great Depression. On Black Monday, the Dow Jones Industrial Aver
What to Expect from Bitcoin After Fed’s Two-Day Policy Meeting
Bitcoin rallied above $11,000 ahead of the Federal Reserve’s two-day meeting. Policymakers will decide whether or not to maintain their benchmark interest rate near zero. A general market consensus notes that the Fed will refrain from making an
Bitcoin Breakout Above $11K Should Lead to All-Time High: Analyst
Bitcoin leaped over the $11,000-level Monday for the first time since August 2019. The rally appeared as a weakening dollar injected new buying momentum in the safe-haven assets. Josh Rager, the co-founder of Blockroots, stated the latest jump should
The Cost of Bitcoin Surging 15% in 24 Hours: $500 Million in Liquidations
Bitcoin has seen explosive price action over recent days. As of this article’s writing, the asset trades for $11,200 ? more than 10% higher than it was 24 hours ago. The recent price action was expected by many market commentators. Though, data
Troubling Signs: Why One Analyst is Concerned About Bitcoin?s Latest Rally
Bitcoin has been caught within the throes of an intense uptrend throughout the past several days and weeks This has allowed it to post notable gains, despite previously showing signs of weakness as it consolidated at the lower end of its macro tradin
Bitcoin Explodes Past $11,000, Liquidating Dozens of Millions Off BitMEX
Bitcoin has continued to roar higher after our last market update. As of the time of this article’s writing, the cryptocurrency trades at $11,400. This is the highest price the asset has traded in approximately a year. This latest move higher i
Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?
Ethereum?s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH?s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further sig
Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?
It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC?s late