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Bitcoin Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U
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Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
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Technical Analysis: Market Recap (March) and Bitcoin Weekly and 4-Hour Outlook
After analyzing FIL's short-term market trend last night, I concluded that it was bullish, which was confirmed by subsequent price action. However, after waking up, I observed signs of stagnation and immediately exited my position, along with my previous ETH position
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CME Bitcoin Futures Dip Slightly, Ether Futures Decline Expands
At the close of trading on Monday (April 1) in New York, the CME Bitcoin futures traded at $70,340.00, down 1
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Bitcoin and Cryptocurrency Short-Term Trading Analysis and Performance Review for March 2024
As we enter a new month, it's time to review the short-term trading performance for Bitcoin and other cryptocurrencies during March 2023. This analysis aims to provide insights into the market trends, trading strategies, and overall outcomes for the past month
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Bitcoin Price Consolidate Inside Range
The price of Bitcoin is consolidating above the $70,000 resistance zone on April 1, 2023. BTC is likely to spend some time inside the range before the bulls make another attempt at $75,000
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Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
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Is Bitcoin Valuable?: A Comprehensive Analysis
Is Bitcoin Valuable?: A Comprehensive Analysis The value of Bitcoin has been a subject of debate for years. While some believe it to be a revolutionary asset with vast potential, others dismiss it as a speculative bubble
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Bitcoin and Ethereum Futures Decline
Beijing, April 2, 2023 (Yicai Global) -- CME Bitcoin futures BTC main contract closed at USD70,340.00 on Monday (April 1), down 1
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Global Financial Markets See Muted Activity on Good Friday, US Dollar Index Retreats After Core PCE Data Release
Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period
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Crypto Market Mixes Red and Green as Bitcoin Dips, Ethereum Surges
The leading cryptocurrency prices saw a mixed bag on Friday, March 22, 2023, with Bitcoin (BTC) marginally declining while Ethereum (ETH) continued its bullish rally, surpassing the $3,500 mark. Meanwhile, several other major altcoins like XRP and Cardano (ADA) notched gains, whereas Solana faced a setback