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As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
Bitcoin Dips Below USD 30,000
22.6.2021
The most popular cryptocurrency, bitcoin (BTC) dropped below the USD 30,000 threshold today, while altcoins bleed even more.
Last Tuesday, its price was c. USD 40,500. Since then, the price fell nearly 27% in a week, while in the last 24 hours, it's down more than 9% - trading at USD 29,732...
Bitcoin price dips to $32.5K on 'consistent' new China FUD
21.6.2021
BTC/USD sheds $1,000 almost instantly as China's third-largest bank puts the cats amongst the pigeons in early trading
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
20.6.2021
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto...
Bitcoin price dips below $34K as Grayscale starts giant BTC unlocking
20.6.2021
Downward volatility hits the market on Sunday, as market participants argue that most of the drop is already complete
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest...
Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji
4.6.2021
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk...
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
17.5.2021
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto asset bitcoin has seen its market dominance drop to 40% of the crypto economy’s overall valuation. Bitcoin’s dominance index...
2021’s Largest Epoch Drop: Bitcoin Network’s Mining Difficulty Dips Over 12%, Hashrate Nears 200 Exahash
2.5.2021
Bitcoin’s mining difficulty has seen a massive drop this week, as the metric slid 12.6% and was the largest difficulty drop in 2021. The mining difficulty decline follows the recent electrical outages in China which had affected the network’s hashrate to some degree. Following...
Bitcoin Dips Below USD 50K, Ethereum Drops, USD 3.5B Liquidated
23.4.2021
Bitcoin price struggled to clear the USD 55,500 resistance and it started a fresh decline. BTC declined below the USD 53,200 and USD 52,000 support levels. It even spiked below USD 50,000 and it is currently (04:30 UTC) correcting losses.
Similarly, most major altcoins declined heavily. ETH traded...
Bitcoin and Ethereum Approach Breakout Levels, Dips Turn Attractive
20.4.2021
Bitcoin price managed to stay above the USD 54,000 support zone. BTC started a fresh recovery wave and it climbed above the USD 55,500 level. It is currently (12:30 PM UTC) showing a few positive signs, but it could face hurdles near USD 56,500.
Similarly, most major altcoins are attempting a fresh...
Bitcoin dips under $60,000 — What's pulling down BTC price?
17.4.2021
The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing
Dogecoin doubles in a day as YTD gains hit 5,000% while Bitcoin price dips
16.4.2021
Everyone's favorite meme cryptocurrency has delivered 12,600% gains in a year and likely created a string of millionaires
Bitcoin, Ethereum and Altcoins Correct Gains, Dips Remain Limited
15.4.2021
Bitcoin price corrected 3% from the new all-time high and declined below USD 63,000. BTC is currently (12:30 PM UTC) showing short-term bearish signs, but dips could be limited below USD 61,000 and USD 60,000. To start a fresh increase, the price must clear USD 63,800.
Similarly, most major...
Bitcoin, Ethereum and Altcoins Move Higher, Dips Attractive
9.4.2021
Bitcoin price gained momentum after it broke the USD 57,500 resistance level. BTC even cleared USD 58,000 and it is currently (12:00 PM UTC) trading above USD 58,250. It seems like the bulls are aiming for a test of the main USD 60,000 resistance in the next few sessions.
Similarly, most major...
Bitcoin and Ethereum Correct Lower, Dips Remain Supported
31.3.2021
Bitcoin price extended its rise above the USD 59,000 and USD 59,500 levels. However, BTC failed to test the USD 60,000 resistance. It tested USD 59,800 and it is currently (12:00 UTC) correcting gains.
Similarly, most major altcoins are correcting lower. ETH retreated from USD 1,860 and it is...
Bitcoin price dips under $55K as US bond yields touch 13-month high
17.3.2021
Fresh difficulties for BTC price action fails to dent investor enthusiasm as the battle for $55,000 support begins
Bitcoin price dips below $60K — But here's why a bigger rally may be brewing
14.3.2021
Bitcoin dropped below $60,000 on Sunday after new all-time highs, but stablecoin inflows show this is not a big concern
DOGE Dips With Market While Musk Laughs at SEC Investigation Rumor
26.2.2021
The coin that could well be the memest of all memecoins, dogecoin (DOGE), continues swimming in the sea of red today alongside the rest of the market. Meanwhile, Tesla supremo and the mover of markets Elon Musk seems quite amused by a rumor of a US Securities and Exchanges Commission (SEC)...
Don't Blame Bitcoin Miners For Price Dips, Says Analyst
24.2.2021
There's little reason to believe that Bitcoin (BTC) miners are responsible for downturns in BTC’s price, according to crypto intelligence firm Coin Metrics.
Per Karim Helmy, Senior R&D Analyst ad the firm, this is due to the small scale of miner deposits in comparison to total exchange flows...