Bitcoin Belted by Rate Fears
Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell's hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher…
Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell's hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher…
If that's not enough, the market now sees a 70% probability of the Fed raising rates by 50 basis points later this month, a reacceleration of tightening after a brief…
Bitcoin (BTC) faced a one-hour $1,420 pullback on March 3 following Silvergate Bank’s 57.7% stock crash, which was due to significant losses and “suboptimal capitalization.” The U.S. fintech-friendly bank was…
Data from CryptoRank, which tracks the fund's portfolios and known holdings, shows that while major funds like Delphi Digital, Polychain or Animoca are down an eye-watering 80%, 64%, and 81%,…
Most other major cryptos were largely in the red, aligning with equities markets, which also wrestled with Powell’s remarks. The S&P 500, Wall Street's benchmark equity index, closed down 1.5%…
"Despite the gloom and doom, crypto continues to hold up extremely well, with BTC staying above $23,000," Singapore-based QCP Capital said in a research note published on Friday. "However, if…
The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance.Now Bitcoin is threatening a retest of the $22,000…
Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand…
Bitcoin (BTC) starts a new week with consolidation in the air amid some of the least volatile conditions ever.Despite losing 5% in an hour last week, Bitcoin’s subsequent lack of…
The 288 NFTs minted will be inscribed onto satoshis on the Bitcoin blockchain. One token sold for as high as 7.1159 BTC, or about $159,600 at the time of writing,…