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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Concept Stocks Fall Sharply Amidst Crypto Crash and Halving Event
Bitcoin concept stocks have plunged today after a sudden crash in the cryptocurrency market and concerns over the upcoming Bitcoin halving event. At the time of writing, HiSun Technology (01647) has plummeted 8
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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 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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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
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Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast
Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast IntroductionBitcoin (BTC), the world's first and most popular cryptocurrency, has captivated investors with its meteoric rise and dramatic fluctuations. As 2023 draws to a close, many wonder if Bitcoin can maintain its momentum and reach the much-anticipated milestone of $100,000 in 2024
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Bitcoin Rallies Back to $70K, Coinbase BTC Supply Hits 9-Year Low
Bitcoin made a strong rebound in the last week of March, reclaiming the $70,000 level. Market sentiment was bullish, with major cryptocurrencies posting gains, and Coinbase reported its lowest BTC supply in nine years
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SEC Delays Hashdex Spot BTCETF Application, Bitcoin still looks towards $38000
The price of Bitcoin has returned to $36000, but due to bearish deviations in the past three weeks, Bitcoin prices may further decline.Over the past 30 days, investors have sent over 34000 Bitcoins worth over $1
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Bitcoin, Ethereum, and Ripple Coin Forecasts: BTC bulls take advantage of the decline and are bullish at $40000
Bitcoin prices may rise by 7%, recovering the ground lost since the high point of the rejected $37972 range on November 9th.Ethereum prices will defend the support level of $1935 at all costs, and if successful, it may rise by 10% to $2200
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Three reasons why Bitcoin prices cannot exceed $37000
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