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Tag: markets

# Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets
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# Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

Admin5 years ago06 mins

“# Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets ” Bitcoin (BTC) investors seem concerned about the increasing speculation that China’s second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These fears manifest in global equities markets which saw a 1.5% to 3% drop at this morning’s…

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# Stock sell-off tanks Bitcoin price, but traders expect a bounce near K
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# Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K

Admin5 years ago07 mins

“# Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K ” The cryptocurrency market faced a fresh round of selling on Sept. 20 as global financial markets fell under pressure thanks to fears surrounding the potential default of Evergrande Group, a China-based real estate company whose collapse could send ripples across equities markets.  Data…

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# Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
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# Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX

Admin5 years ago016 mins

“# Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX ” The crypto markets and the U.S. equity markets sold off today on fears that the collapse of Chinese property giant Evergrande could not only hurt China but also have wider implications in other markets. When the sentiment is bearish, traders…

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# Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
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# Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears

Admin5 years ago08 mins

“# Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears ” Ethereum’s native asset Ether (ETH) prices slumped on Sept. 20 amid a broad selloff in the cryptocurrency market, led by worries about a potential housing bubble crisis brewing in China. The ETH/USD exchange rate dropped as much as 12.52% to…

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# Bitcoin bounce levels extend to K with bulls unmoved by 8% BTC price dip
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# Bitcoin bounce levels extend to $36K with bulls unmoved by 8% BTC price dip

Admin5 years ago05 mins

“# Bitcoin bounce levels extend to $36K with bulls unmoved by 8% BTC price dip ” Bitcoin (BTC) kept blowing through support levels during trading on Sept. 20 ahead of what promised to be a “very interesting” U.S. stock market open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No sweat for BTC traders after $42,500…

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# Bitcoin extends slide below K as Binance’s BTC stash grows to May-crash levels
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# Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels

Admin5 years ago06 mins

“# Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels ” Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro.  BTC/USD 4-hour candle chart, Coinbase. Source: TradingView Over the past month, the amount of…

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# Bitcoin loses K support as stocks, Evergrande nerves hit BTC price
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# Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price

Admin5 years ago04 mins

“# Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price ” Bitcoin’s (BTC) fell below critical $44,000 support on Monday as concerns over China spilled over into crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC’s price sinks through support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding 2% in…

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# ‘Best bear market ever’ — 5 things to watch in Bitcoin this week
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# ‘Best bear market ever’ — 5 things to watch in Bitcoin this week

Admin5 years ago013 mins

“# ‘Best bear market ever’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week with a decidedly bearish move — but one which fails to shake investor confidence in the bull run. A mixed weekend saw BTC/USD close above $47,000, only to lose all of its previous gains…

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# Here’s why Bitcoin might be safe from a global stock market crisis
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# Here’s why Bitcoin might be safe from a global stock market crisis

Admin5 years ago07 mins

“# Here’s why Bitcoin might be safe from a global stock market crisis ” One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a…

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# Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, ATOM, FTT
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# Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, ATOM, FTT

Admin5 years ago015 mins

“# Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, ATOM, FTT ” Bitcoin (BTC) and most major altcoins have been consolidating in the past few days as investors await a trigger to start the next directional move. Some believe that the rising inflation in the U.S. could prove to be bullish for Bitcoin….

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