Bitcoin

Recent data has revealed an interesting shift in the correlation between Bitcoin and US stocks. Previously, these assets were positively correlated, with their prices moving in tandem. However, the latest data from IntoTheBlock shows that Bitcoin’s correlation with the Nasdaq 100 and S&P 500 has now dropped significantly to -0.78 and -0.83, respectively. This indicates

Bitcoin (BTC) has recently broken above its bearish trendline, displaying strong bullish momentum that has ignited optimism among traders and investors. With a market capitalization exceeding $1.1 trillion and a trading volume surpassing $24 billion, Bitcoin is currently trading at around $58,119, showing a 1.37% decrease in the last 24 hours. Despite the slight dip

A well-known crypto analyst recently made headlines by predicting that Bitcoin could potentially surge to $100,000 in the near future. This bold statement has sparked a wave of enthusiasm among Bitcoin holders and investors, who are eagerly awaiting a possible mega rally. The analyst, known as ‘DonAlt,’ cited various factors such as the inflows into

Recently, the Bitcoin price experienced a significant drop below $60,000 due to rapid selling by major holders like the German and US governments. This resulted in one of the largest declines in the pioneer cryptocurrency’s value in the past two years, causing substantial financial losses in the market. However, despite this downturn, the majority of

The recent price crash in Bitcoin has left many investors concerned about the future direction of the cryptocurrency. According to Jacob Canfield, a trading mentor at the Trading Mastery, there could be more downside ahead if historical patterns are anything to go by. Canfield’s analysis focuses on the retesting of yearly open levels in Bitcoin’s

Veteran trader Peter Brandt recently raised the possibility of Bitcoin dropping to as low as $44,000. This prediction was based on a technical indicator that painted a bearish outlook for the flagship cryptocurrency. Brandt suggested that Bitcoin could experience a severe reversal to the downside if it has completed a double top pattern. However, not

The beginning of July has not been particularly bullish for Bitcoin and the broader cryptocurrency market. There have been several key events that have contributed to this sentiment. The anticipated debut of Spot Ethereum ETFs on July 2nd did not materialize as expected. Additionally, reports have surfaced indicating that both the US and German governments

Opeyemi is a well-versed writer who has a keen interest in the dynamic and unconventional realm of cryptocurrency. Despite not initially choosing the digital asset industry, Opeyemi has found himself deeply captivated by it for over two years. His passion lies in crafting original pieces that demystify the intricacies of blockchain technology and shedding light

Cryptocurrency journalism is a field that requires a deep understanding of the complexities and intricacies of blockchain technology and digital assets. One individual who has excelled in this field is Semilore Faleti, a dedicated writer with a passion for educating and informing his audience about the rapidly evolving world of cryptocurrency. Beginning his career as

The recent fluctuations in the price of Bitcoin have once again highlighted the extreme volatility that characterizes the cryptocurrency market. While Bitcoin managed to climb back above the $56,000 price level after a sudden drop below $54,000 on July 5th, it is important to acknowledge the rollercoaster ride that investors have been experiencing. In the