Bitcoin Dips Below $63K as Mt. Gox Moves $2.8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan. Bitcoin (BTC) faced renewed selling pressure on Tuesday after blockchain…
Tag: Markets
Payrolls-Led Bitcoin, Ether Price Swoon Is ‘Buy the Dip’ Opportunity, Crypto Trading Firm Says
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said. Bitcoin (BTC) and ether (ETH) have lost steam since Friday’s hotter-than-expected U.S. jobs…
First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
The latest price moves in crypto markets in context for June 3, 2024 Bitcoin kicked off the week by reclaiming $69,000 as crypto assets ticked up across…
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government’s Wednesday report gave some hope that Fed rate cuts might still be on the…
Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday. Bitcoin (BTC) traded around $57,700 during the…
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale’s GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.…
BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday’s Carnage
IBIT’s total inflows surpassed the $9 billion mark as prices plunged following bitcoin taking out a record high above $69.000. The BlackRock iShares Bitcoin ETF…
Bitcoin Blasts Past $53K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested. Bitcoin (BTC) surged past $53,000 on Monday to its highest price since November 2021, leaving past its…
‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show. Smart money, or…
First Mover Americas: Bitcoin Ends the Week in Muted Mood
Following a surge to 20-month highs last week, bitcoin appears to have settled into a new range, trading between $42,000 and just over $43,000 for much of…