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Bitcoin and Ethereum Plunge Amidst Market Concerns
Bitcoin and Ethereum Plunge Amidst Market Concerns Shanghai, China - April 2, 2022 - Bitcoin and Ethereum, the two leading cryptocurrencies, experienced a significant sell-off today, raising market concerns. Bitcoin dipped below $67,000 per coin, a drop of nearly $2,000 from its recent high, marking a daily loss of over 4%
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Ethereum Price Faces Rejection, Pulls Back from $3,650 Zone
Ethereum Price Faces Rejection, Pulls Back from $3,650 ZoneEthereum price is struggling to sustain gains above the $3,650 resistance. ETH faced rejection and started a fresh decline below $3,550, similar to Bitcoin
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Ethereum Whale Transactions Surge in March, Signaling ETH Price Rally
Ethereum Whale Transactions Surge in March, Signaling ETH Price Rally Summary Ethereum (ETH) whale transactions have been on the rise in March, indicating a potential rally in ETH price. ETH price has been trading within a tight range, hinting at a possible breakout towards $4,000
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Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next Move
Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000
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Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation
Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%
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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 Plunge Amid Cryptocurrency Market Volatility
Bitcoin Concept Stocks Plunge Amid Cryptocurrency Market Volatility Introduction In the wake of significant volatility in the global cryptocurrency market, Bitcoin concept stocks have experienced a sharp decline. As of time of writing, major Bitcoin concept stocks have posted notable losses, reflecting investor concerns about the sector
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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 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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Cryptocurrency Stocks Plunge Amid Market Correction
Cryptocurrency-related stocks listed in Hong Kong experienced a significant decline on April 2, 2022, following a wider market sell-off in the virtual currency sector. Notable losses were observed in the share prices of China Fortune Holdings Limited (01647), OSL Digital Securities Limited (00863), Blue Interactive Entertainment Limited (08267), and Meitu Inc
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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