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Bitcoin's Dramatic Plunge and Rebound: A Game of Geopolitical Risks and Market Sentiment
Bitcoin's Dramatic Plunge and Rebound: A Game of Geopolitical Risks and Market SentimentOn the evening of December 3rd, influenced by international geopolitical tensions and a sudden political event in South Korea, Bitcoin experienced a dramatic price swing. It plummeted to $94,000 before a strong rebound to $96,000, resulting in over 160,000 liquidations within 24 hours
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Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds Prevail
Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds PrevailAfter nearing $64,000, Bitcoin appears to have encountered a temporary resistance. The cryptocurrency fell back above $62,000 in early trading today (August 8th), and currently, it has slightly recovered to $62,400
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Bitcoin prepares for new fluctuations in geopolitical uncertainty
Bitcoin volatility increased in the first week of October, and analysts predict that this situation will continue at least for the rest of this month.According to Monday's BitfinexAlpha report, "Since early October, the average volatility of Bitcoin has been greater than the volatility of the asset over the past 200 days in history