Bitcoin tumbles after blowout August jobs print
Net assets in spot bitcoin ETFs crossed $103 billion for the first time, with BlackRock’s IBIT accounting for well over half the money. Following the…
Tag: cryptocurrency
‘Crypto spring’ is here, says one analyst after bitcoin’s key signals turn bullish
Standard Chartered analyst Geoffrey Kendrick’s bullish call comes as spot bitcoin exchange-traded fund inflows return, oil prices fall and Coinbase’s CEO says bitcoin likely bottomed…
These bitcoin metrics suggest February’s $60,000 selloff may have marked the bottom
Realized cap stabilization, historically elevated RHODL readings and deeply negative funding rates all point toward a potential cycle low for bitcoin forming earlier this year.…
Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high
Bitcoin traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rejecting $79,400 the previous day, with the entire top 10 closing red…
Bitcoin, dollar move in near-perfect opposition. It hasn’t been this extreme in almost 4 years.
For bitcoin BTC$77,908.91 traders, the direction of the Dollar Index (DXY), a measure of the greenback’s strength against a basket of other currencies, hasn’t mattered this much…
Bitcoin and the Japanese yen are moving together like never before
The 90-day correlation between bitcoin and JPY has risen to a record high of over 0.85. Bitcoin BTC$91,915.15 traders may want to add the Japanese yen (JPY)…
Binance Denied It Helped Trump’s Crypto Venture—But A $2B Deal And A Presidential Pardon Have Lawmakers Asking Questions
The world’s largest cryptocurrency exchange finds itself at the center of a political firestorm over allegations that it helped boost a Trump family–linked stablecoin just…
Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022. As prices hover around $91,000 per token, or…
Bitcoin Ready for ‘Big Moves’ on 91% Chance of Fed Rate Cut: Crypto Daybook Americas
It’s a tough market to trade as bitcoin’s BTC$121,553.82 price swings sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around…
Bitcoin and Ether ETFs Saw Big Inflows Tuesday as Investors Bought Dip
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million. Bitcoin BTC$123,477.68 and ether ETH$4,515.86 prices dropped sharply on Tuesday, but…