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Bitcoin Bears Eye Retest of Key $25,000 Support – How Far Might the BTC Price Fall?
21.8.2023
After last week’s sharp 10.5% decline, which marked Bitcoin (BTC)’s worst weekly performance so far this year, the BTC price has largely settled on Monday.
Bitcoin was last moving sideways within thin ranges on either side of $26,000 as traders look ahead to the upcoming week....
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Bitcoin Price Prediction: Dollar Instability, De-Dollarization Effects, China's Concerns
21.8.2023
The BTC/USD is currently experiencing a decline of 0.25%, with its trading price at $26,025. Amidst the backdrop of dollar instability, there arise significant challenges to the ongoing efforts of de-dollarization, ultimately posing potential ramifications for Bitcoin's prices.
Furthermore...
China's Deflationary Woes and the Ripple Effect on Bitcoin
20.8.2023
China's economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC).
In the latest episode of Macro Markets, analyst Marcel Pechman argued that deflation in China, which economists believe is an issue, would leave short...
Bitcoin Price Prediction as BTC Bounces Off $25,000 Support – Here are Key Levels to Watch
20.8.2023
In the dynamic realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as it showcases a rise of over 0.50%, reaching $26,133 on Sunday. Notably, the support at $26,000 appears to have effectively prevented further losses for the cryptocurrency.
Furthermore, the prominent entity...
Bitcoin Price Prediction as Crypto Prices Crash – Will BTC Keep Falling?
19.8.2023
The volatile world of cryptocurrency has once again captured global attention, with prices experiencing a sharp downturn. As Bitcoin, the leading digital currency, faces a significant price drop, many are left speculating on its future trajectory. ...
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Pro: Evergrande Group chapter 15 'indirectly influenced Bitcoin sentiment'
19.8.2023
In a surprising turn of events, the recent developments surrounding the Evergrande Group's Chapter 15 filing have reverberated beyond traditional finance, indirectly influencing the sentiment around Bitcoin (BTC) and the cryptocurrency market.
Around 9:35 pm UTC on August 17, the price of Bitcoin...
Bitcoin Price Prediction as Tether Discontinues USDT Support on BTC Blockchain – Will Crypto Prices Keep Falling?
18.8.2023
Bitcoin (BTC), the largest cryptocurrency globally, has experienced a downward trajectory in recent months, with its price sliding from $28,000 to approximately $26,220 today.
This decline can be attributed in part to Tether's recent move. Tether, the leading stablecoin, decided to stop...
Bitcoin Price Prediction: BTC's 11% Drop Amid Market Dynamics and Key Events
18.8.2023
Amidst a volatile landscape, the cryptocurrency market has witnessed Bitcoin, currently trading at $26,423, experiencing a significant decrease of nearly 11% in the last seven days.
This decline unfolds against the backdrop of notable events and developments that continue to shape the crypto...
Bitcoin Price Prediction as Fundstrat's Tom Lee Says BTC Could Reach $180,000 Next Year – Time to Buy the Dip?
17.8.2023
Amidst the fluctuating cryptocurrency markets, Bitcoin's future value remains a topic of fervent discussion.
Recently, Fundstrat's Tom Lee has projected that BTC could soar to a staggering $180,000 by next year.
This prediction has left many wondering if now is the opportune moment to invest...
Kaiko Research: Bitcoin and Ethereum Are Now Less Volatile Than Ethereum Amid Dwindling Liquidity
17.8.2023
Bitcoin (BTC) and Ethereum (ETH) are now slightly less volatile than oil as both assets continue to trade sideways this summer.
According to new research from Kaiko, the notorious trend of cryptocurrency volatility has taken a sharp decline due to several factors ranging from government policies...
Kaiko Research: Bitcoin and Ethereum Are Now Less Volatile Than Oil Amid Dwindling Liquidity
17.8.2023
Bitcoin (BTC) and Ethereum (ETH) are now slightly less volatile than oil as both assets continue to trade sideways this summer.
According to new research from Kaiko, the notorious trend of cryptocurrency volatility has taken a sharp decline due to several factors ranging from government policies...
Bitcoin’s resilience: Insights into its price action and future
17.8.2023
In the ever-evolving landscape of cryptocurrencies, the second quarter of 2023 has emerged as a defining period for digital gold: Bitcoin. The data paints a vivid picture of Bitcoin’s triumphant ascent, with its price surging by an impressive 85% year-to-date (YTD). This surge not only...
Bitcoin Price Prediction: BTC Investors in UK Face Setback as Paypal Suspends Crypto Purchases
17.8.2023
As Bitcoin price grapples with a decline, trading at $28,643 and witnessing a decrease of nearly 2% on Thursday, BTC investors in the UK face a new challenge.
Paypal, a major facilitator of online transactions, has temporarily halted all cryptocurrency purchases in the UK, attributing the move...
Bitcoin Price Prediction as Crypto Prices Tumble and BTC Falls to $29,000 – Here are Key Levels to Watch
16.8.2023
The volatile nature of the cryptocurrency market is once again underscored as Bitcoin, the foremost digital currency, witnesses a significant drop, plummeting to levels around $29,000.
Amidst an overall tumble in crypto prices, the immediate trajectory and stability of Bitcoin remain the subjects...
Bitcoin Price Prediction: Europe's ETF Launch, BlackRock's SEC Decision & Depot's Growth
16.8.2023
In a dynamic period for Bitcoin, the renowned cryptocurrency has seen its value slightly diminish, trading at $29,231—a 0.50% decrease as of Wednesday.
Adding to the ever-evolving landscape, Europe has made headlines by launching the very first Bitcoin ETF.
At the same time, speculations swirl...
Argentina Set to Become a ‘Bitcoin Haven,’ Politician Claims
16.8.2023
An Argentinian politician has claimed the country will soon become a ‘Bitcoin haven,’ with the nation edging closer to electing a BTC-keen head of state.
The claims were made by Diana Mondino, an economist, university professor, and former board member of firms such as Pampa Energía, Banco...
Bitcoin Price Prediction as BTC Spikes Up 1% – Time to Buy?
15.8.2023
Bitcoin, the pioneering cryptocurrency, has witnessed a minor 1% spike in its valuation, prompting investors and enthusiasts to reevaluate their stance: is now the optimal time to invest?
Bitcoin's current price is $29,197 and its 24-hour trading volume is $12.2 billion.
Upholding its dominant...
EU’s First Spot Bitcoin ETF Goes Live On EuroNext Amsterdam Exchange
15.8.2023
London-based Jacobi Asset Management has announced the release of Europe’s first spot Bitcoin (BTC) Exchange Traded Fund (ETF) which will be listed on the EuroNext Amsterdam Exchange.
The ETF went live today after a one-year delay due to unfriendly market conditions (the collapse of the Terra...
Bitcoin Price Prediction: SEC's Stance, TeraWulf's BTC Surge, and Grayscale's Pending ETF Decision
15.8.2023
Bitcoin's recent performance shows a marginal dip of less than 0.10%, trading at $29,380 as of Tuesday.
This subtle fluctuation in Bitcoin's price can be attributed to several underlying factors.
Foremost among them is the sentiment expressed by former SEC Chairman John Reed Stark, who opines...
Pro-Bitcoin Libertarian Javier Milei Takes Surprising Lead in Argentine Presidential Primary Election
15.8.2023
Javier Milei, a libertarian candidate who supports abolishing the central bank and has praised Bitcoin (BTC), secured an unforeseen triumph by winning the primary presidential election in Argentina.
With 90% of the vote counted, Milei from the "La Libertad Avanza" party secured 30.5%. The "Juntos...