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” Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’ “ Bitcoin (BTC) struggled to reclaim $20,000 support at the March 10 Wall Street open as fears mounted over Silicon Valley Bank (SVB) contagion. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader targets $18,000 BTC price Data from Cointelegraph Markets Pro and…
” Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play “ Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead? On the daily chart, the DOGE/BTC…
” Bitcoin slips under $20K amid Biden budget, Silvergate collapse “ Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate. The price of BTC dipped to $19,945 on March 10 before recovering to hover…
” Bitcoin price drops to $20.8K as regulatory and macroeconomic pressure mounts “ Bitcoin (BTC) traders saw continued downward pressure after the 5.5% decline in BTC price on March 7. Increased odds of further interest rate increases by the Federal Reserve and regulatory pressure in cryptocurrencies explain some of the movement. Financial markets showed signs…
” Bitcoin price levels to watch as trader says ‘lights out’ below $21.6K “ Bitcoin (BTC) rested at multi-week support at the March 9 Wall Street open as concerns over a deeper BTC price drop increased. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader: $19,700 “on the table” Data from Cointelegraph Markets Pro and TradingView…
” Bitcoin keeps liquidating longs as BTC price action gives up $22K support “ Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing. As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate. Longs begin to disappear with BTC at three-week lows Despite…
” Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC “ On March 7, United States Federal Reserve Chairman Jerome Powell warned that interest rates may remain higher for longer than previously anticipated. This boosted expectations of a 50 basis points rate hike in the Fed’s March meeting to about 70%…
” Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare “ Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost…
” Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next? “ Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Employment stats boost Fed hawks, BTC price dips Data from Cointelegraph…
” It’s not the end of crypto: EU asset manager gives 5 reasons why “ The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (BTC) are doomed to fail, according to a major European asset manager. Despite BTC failing to protect investors against rising inflation in…