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Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto Volatile
Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto VolatileEarly Friday morning, US market sentiment experienced significant volatility in response to Federal Reserve Chairman Jerome Powell's speech on Thursday. Stock and cryptocurrency markets generally declined, while spot gold bucked the trend, rising 0
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Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on rallies
Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on ralliesBitcoin continued its corrective rally yesterday, but the overall trend remains weak. Intraday prices repeatedly attempted to break through the 62,500 resistance but failed, and in the evening, prices experienced a strong pullback, erasing earlier gains gradually
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The Feast of the Chinese A-Share Market: Has the Crypto Market Cooled Down?
The Feast of the Chinese A-Share Market: Has the Crypto Market Cooled Down?Driven by stimulus policies aimed at revitalizing the sluggish economy, the Chinese A-share market has seen a dramatic surge, with the Shanghai Stock Exchange opening with a limit-up after the holidays. However, this stimulus policy has not boosted the cryptocurrency market as some expected, instead drawing investments away from it
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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
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Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional Finance
Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional FinanceHave you ever thought that a "gadget" you casually ignored could turn into "digital gold" worth a fortune? Bitcoin, the virtual currency born from the internet wave, has written one wealth legend after another with its amazing rise, leaving countless controversies and reflections behind.In 2010, the price of a Bitcoin was less than a dime
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Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?Dogecoin (DOGE) is at a crucial point after encountering resistance at the $0.09149 level
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Bitcoin Drops Below $56,500, Ethereum Also Down 2%
Bitcoin Drops Below $56,500, Ethereum Also Down 2%Titanium Media App, September 11 - Bitcoin price fell 2% to $56,422; Ethereum also dropped 2% to $2,330.30
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ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the Merge
ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the MergeCryptoQuant, a crypto analytics platform, reported on social media that the ETH/BTC rate has fallen by 44% since the Ethereum Merge in September 2022. The ETH/BTC rate is currently at 0
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Bitcoin and Ethereum Futures Close Lower on Friday, Down Over 10% This Week
Bitcoin and Ethereum Futures Close Lower on Friday, Down Over 10% This WeekAt the close of trading in New York on Friday, CME Bitcoin futures (BTC) settled at $52,980.00, down 5
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Recession or Top-Down Correction? Macro Data Analysis of the Crypto Market
Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies
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Upside Down in Bitcoin Price on September 4: New Low Record
Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%