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“# The US Federal Reserve is making some analysts bullish on Bitcoin again ” Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the U.S. dollar on weaker-than-expected economic data. In detail, Bitcoin’s drop last week to below $33,000 met with a healthy buying sentiment that pushed…
“# Bitcoin price dips below $37K as a descending channel pattern comes back into play ” The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cointelegraph Markets Pro and TradingView shows that after spending the morning hovering around $38,200, BTC was…
“# Why did WazirX token WRX jump 30% after India announced its big crypto tax? ” WazirX exchange’s native token WRX benefited the most from India’s latest u-turn on crypto this week. WRX price jumps on India tax news WRX price surged nearly 30% to over $1, hitting a three-week high after the Indian government…
“# Which play-to-earn games are better than Axie Infinity? | Find out now on The Market Report ” “The Market Report” with Cointelegraph is live right now! In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn (P2E) games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the…
“# Altcoins rack up 30% gains as Bitcoin price chases after $39,000 ” The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular…
“# Ethereum price risks dropping to $2K on ‘bear flag’ setup ” Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan….
“# Bitcoin returns to $37K amid warnings that BTC price ‘needs to go lower’ ” Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC evades a major resistance test Data from Cointelegraph Markets Pro and TradingView showed…
“# Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support ” It is not too late for Bitcoin (BTC) to reclaim its bullish bias as it halfway paints an indecisive ‘Doji’ candle on the weekly chart. In detail, Bitcoin’s price correction this week to below $33,000 had it form a lower wick,…
“# Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets ” Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market. Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets…
“# Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement ” The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of briefly Bitcoin (BTC) climbed to $37,500 as stock markets staged a midday rally that recovered most of the losses from Jan….