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BTC price rejects at $23K as US dollar declines from fresh 20-year highs
16.6.2022
The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
Bitcoin and Ethereum Retreat From Key Hurdles, Altcoins Trim Gains
16.6.2022
Bitcoin price attempted a recovery wave above the USD 22,000 resistance. BTC even cleared the USD 22,500 level, but the bears were active near USD 23,000. BTC is currently (11:44 UTC) trading near USD 21,200 and is unchanged in a day and down 26% in a week.
Similarly, most major altcoins failed...
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
These 3 metrics suggest the Bitcoin price crash is not over
16.6.2022
$20,000 feels scary, but it may not be the end of the story for Bitcoin's latest bear cycle
Bitcoin and Ethereum Try to Recover, ADA, SOL, and DOGE Rally
16.6.2022
Bitcoin price traded close to the USD 20,000 support zone before the bulls appeared. BTC formed a base and started a recovery wave above the USD 22,000 level. It is currently (04:02 UTC) consolidating near USD 22,300 and facing resistance near USD 23,000. BTC is up almost 4% in a day and down...
‘Cheaper than it looks’: Fidelity’ exec says BTC undervalued and oversold
16.6.2022
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.”
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
16.6.2022
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other...
Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO. SHIB
15.6.2022
BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
15.6.2022
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years
Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'
15.6.2022
Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
15.6.2022
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision
15.6.2022
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering...
Bitcoin and Ethereum Play With Crucial Levels, Altcoins Trend Lower
15.6.2022
Bitcoin price started a fresh decline, traded below the USD 21,200 support, and almost tested USD 20,000 before recovering. It is currently (11:44 UTC) trading near USD 21,150 and is down 3% in a day and 34% in a week.
Similarly, most major altcoins started a fresh decline. ETH is down 4%...
Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
15.6.2022
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
15.6.2022
Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings
Bitcoin and Ethereum Struggle to Recover Losses, Altcoins Turn Red
15.6.2022
Bitcoin price stayed above the USD 21,200 support zone, formed a base, and started a recovery wave above the USD 21,800 level. But it failed to continue higher and is currently (04:07 UTC) trading near USD 23,360 again. BTC is down 5% in a day and 31% in a week.
Similarly, most major altcoins...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
14.6.2022
MarketWrap Tuesday, June 14th
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
14.6.2022
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the...