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Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 Climbs
Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies
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Trump's Debate Performance Weak, Bitcoin Price Plunges
Trump's Debate Performance Weak, Bitcoin Price PlungesOn September 10th, local time, former US President and Republican presidential candidate Donald Trump participated in a televised debate with US Vice President and Democratic presidential candidate Kamala Harris, hosted by ABC in Philadelphia. From the outset of the debate, traders seemed to believe that Trump had not gained much ground
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The September Curse: Why Does Bitcoin Always Underperform in September?
The September Curse: Why Does Bitcoin Always Underperform in September?September has become a haunting spell for Bitcoin, a curse that seems to linger. Since its inception in 2010, Bitcoin has averaged a 4
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Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight Edge
Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight EdgeSunil Jagtiani, senior editor for cryptocurrencies and digital payments, noted that Bitcoin began to pull back, falling over 1% to below $57,000, approximately 30 minutes after the start of the US presidential debate. Bitcoin has been considered a "Trump trade," as the president has publicly shown support for the digital asset industry
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Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?
Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?At 9:00 AM this morning, US presidential candidates Harris and Trump will face off in their first debate on ABC News. Institutional analysts believe investors can look to Bitcoin's movement during the debate for clues on who might be gaining the upper hand
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Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5
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Bitcoin and Ethereum Futures Close Higher on Tuesday
Bitcoin and Ethereum Futures Close Higher on TuesdayAt the closing bell in New York on Tuesday, CME Bitcoin futures (BTC) settled at $57,770.00, up 0
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Bitcoin and Ethereum Futures Rise in New York Afternoon Trading
Bitcoin and Ethereum Futures Rise in New York Afternoon TradingOn Tuesday, September 10th, CME Bitcoin futures (BTC) settled at $57,770.00, up 0
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SEC Warns Investors of Risks Associated with Bitcoin and Ethereum ETPs
SEC Warns Investors of Risks Associated with Bitcoin and Ethereum ETPsThe U.S
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Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull Run
Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration
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Bitcoin Rebounds to $58,000: Dead Cat Bounce or True Rally?
Bitcoin Rebounds to $58,000: Dead Cat Bounce or True Rally?Bitcoin (BTC) has recently experienced a period of weakness, falling below $53,000. However, today (October 10th) it surged back above $58,000, reaching $56,822 at the time of writing, representing a 3
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Is Bitcoin's Dip a Cause for Panic? Old Fish's Trading Notes Reveal the Truth!
Is Bitcoin's Dip a Cause for Panic? Old Fish's Trading Notes Reveal the Truth!The cryptocurrency market is shrouded in a lingering gloom as it experiences a two-week downturn. Many investors are starting to feel anxious and uneasy, even prominent figures like "Shenyu" have publicly expressed pessimism, predicting the bear market will continue for another 16-19 months