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Tag: markets

Bitcoin price hits 7-week high as Trump softens tone on trade war
  • General

Bitcoin price hits 7-week high as Trump softens tone on trade war

Admin2 years ago01 mins

Bitcoin’s price is still climbing following its Easter weekend rally, with several analysts calling recent macroeconomic events bullish for the market. Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside. Bitcoin (BTC) has climbed 5.62% over the past 24…

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XRP Ledger Foundation spots ‘crypto stealing backdoor’ in code library
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XRP Ledger Foundation spots ‘crypto stealing backdoor’ in code library

Admin2 years ago01 mins

The Foundation said an updated software package has already been published to remove the security breach. The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said. On April 22, blockchain security specialist Aikido said in a blog post that…

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Bitcoin analysts target K as Trump’s trade war cools — Do BTC futures agree?
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Bitcoin analysts target $95K as Trump’s trade war cools — Do BTC futures agree?

Admin2 years ago02 mins

Bitcoin soars to $91,695 as stock markets rebound on hints of progress in Trump’s trade war. Are BTC futures traders drinking the same Kool-Aid? Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors’ concerns over…

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Bitcoin-to-gold ratio risks 35% decline following Wall Street's T wipeout
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Bitcoin-to-gold ratio risks 35% decline following Wall Street's $13T wipeout

Admin2 years ago02 mins

Bitcoin’s breakdown against gold mirrors previous bear markets and heightens the risk of a decline toward $50,950 in US dollar terms. Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from…

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Bitcoin-to-gold ratio risks 35% decline following Wall Street's T wipeout
  • General

Bitcoin-to-gold ratio risks 35% decline following Wall Street's $13T wipeout

Admin2 years ago02 mins

Bitcoin’s breakdown against gold mirrors previous bear markets and heightens the risk of a decline toward $50,950 in US dollar terms. Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from…

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Bitcoin traders turn to K yearly open as BTC price hits 6-week high
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Bitcoin traders turn to $93K yearly open as BTC price hits 6-week high

Admin2 years ago01 mins

Bitcoin teases a gold-like comeback amid US trade war volatility, but BTC price action has a lot of convincing to do before wary traders flip bullish. Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD above $91,000 after the…

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Bitcoin risks 10%-15% BTC price dip after key rejection near K
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Bitcoin risks 10%-15% BTC price dip after key rejection near $89K

Admin2 years ago01 mins

Bitcoin faces “overbought” stochastic RSI conditions while the 200-day exponential moving average swats price down after it sets fresh April highs. Bitcoin (BTC) traders see a BTC price reversal beginning as classic resistance stops bulls in their tracks. Data from Cointelegraph Markets Pro and TradingView shows BTC/USD cooling after hitting new April highs of $88,874….

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Price analysis 4/21: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
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Price analysis 4/21: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

Admin2 years ago02 mins

Bitcoin’s strong up move increases the likelihood of a rally to $95,000, signaling that the bottom may be in. The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000.  BitMEX…

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Bitcoin price tops .5K as BTC doubles down on stocks decoupling
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Bitcoin price tops $88.5K as BTC doubles down on stocks decoupling

Admin2 years ago01 mins

Bitcoin is increasingly abandoning its stocks correlation to copy gold’s upside while the dollar dives and trade war fears continue to grip markets worldwide. Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated.  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

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US dollar goes 'no-bid' — 5 things to know in Bitcoin this week
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US dollar goes 'no-bid' — 5 things to know in Bitcoin this week

Admin2 years ago01 mins

Bitcoin seeks a change of trend as the US trade war fuels gold records but punishes stocks and the dollar. What’s next for BTC price action? Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market…

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