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“# Declining DEX volumes reflect DeFi investors shift to Bitcoin — Data shows ” All eyes are set on Bitcoin (BTC) as the digital asset continues to trek to a new 2020 high. Meanwhile, the hype around decentralized finance projects continues to die down, especially as token prices plummet. Data shows that trading volume for…
“# Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement ” The price of Bitcoin (BTC) increased from $12,920 to $13,600 in four hours, recording a 5% rally. The uptrend coincides with positive developments from the European Central Bank (ECB) and optimistic job data from the U.S. BTC/USD 1-hour chart. Source: TradingView.com Macro…
“# Up or down? These Bitcoin price levels hint at the next move from $13K ” Bitcoin (BTC) price has had a tremendous month as the price rallied from $10,500 to $13,800. However, in recent days, momentum is slowing amid rising coronavirus fears. Bitcoin’s price dropped from $13,800 to $12,900 on Oct. 28, making the…
“# Trump or Biden? Bitcoin wins regardless of US election — Barry Silbert ” Whether it is a Democratic sweep led by Joe Biden or a Donald Trump reelection, Bitcoin (BTC) would likely thrive. Industry executives, including DCG and Grayscale CEO Barry Silbert, say both a Trump or a Biden win would buoy BTC. The…
“# Gold drops to 7oz per BTC as Peter Schiff calls Bitcoin ‘biggest bubble’ ” Bitcoin (BTC) hit seven ounces of gold for the first time in over a year this week as the precious metal comes off all-time highs. Data from CoinGecko showed BTC/XAU returning to the pivotal 7 ounce mark on Oct. 25,…
“# ‘Price follows hash rate’ — Bitcoin fundamentals drop may delay $14K ” Bitcoin (BTC) could see further downward price pressure this week as network difficulty is set to drop the most in five months. Data from data resource BTC.com estimated that difficulty will drop by 8.3% at the next automatic readjustment in four days’…
“# Bitcoin bulls set to defend $13K as $450M in BTC futures expire Friday ” A total of 62K Bitcoin (BTC) options are set to expire this Friday, and this is equivalent to $830 million in open interest. These massive numbers fail to reflect the fact that 58% of these options are now deemed worthless….
“# Price analysis 10/28: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish. <p>The equity markets across Europe closed deeply in the red and the U.S. markets are also witnessing intense selling pressure as <a rel=”nofollow noopener…
“# 3 reasons why Bitcoin price suddenly dropping below $13,000 isn’t bearish ” The price of Bitcoin (BTC) fell below $13,000 on Oct. 28 shortly after hitting $13,850 at the day’s peak. Despite the 7% drop in 11 hours, however, the market sentiment remains positive for three key reasons. First, Bitcoin is still at where…
“# Bitcoin price drops to $13.3K after matching peak of 2019 bull run ” Bitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection. Cryptocurrency market overview from Coin360 Data from Cointelegraph Markets, Coin360 and TradingView show volatility rising during Wednesday after BTC/USD hit $13,850….