By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin plummeted to $34,000 over the weekend as its correlation to the US stock market strengthens. The rapidly changing Federal Reserve…
Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500…
Stablecoins are tokens tracked by a blockchain, but in contrast to assets like bitcoin (BTC), they’re intended to consistently match the buying power of a fiat currency, most often the…
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk…
Bitcoin (BTC) saw a classic "fake out" move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders stay gloomy on BTC outlookData…
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?The largest cryptocurrency has just closed a fourth red weekly candle in a…
By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Regulation concerns arise as the Biden administration prepares to release an executive order in February to regulate Bitcoin as a matter…
Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin…
Bitcoin (BTC) regained fresh ground on April 21 after bears failed to gain control of short-term price action overnight. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader: Holding $42,300 could open…
But the UST-Terra LUNA relationship still has its risks, as many bears are wont to note. There’s the natural volatility of the crypto market, the “inherently fragile” relationship in the…
