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Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
15.6.2022
ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete
$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry
2.6.2022
BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level
Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs
25.5.2022
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From...
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
25.2.2022
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets
Here’s why Bitcoin traders shouldn’t overanalyze US inflation data
11.2.2022
Analysts say record high inflation in the United States is impacting crypto market momentum, but is the impact of the data overstated to the detriment of investors?
43% of Bitcoin trading volume during US market hours: Arcane Research
19.1.2022
“The U.S. trading hours dominate the bitcoin trading volume, even on weekends,” a report from Arcane Research illustrates
This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4
18.10.2021
The upside outlook appears as ETH price eyes a breakout above its five-month-old resistance trendline
Here's why Bitcoin might be safe from a global stock market crisis
20.9.2021
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown
XRP price skyrockets by 17% as double bottom chart pattern takes shape
28.7.2021
Ripple's XRP token is in the middle of a bullish breakout, which could open the door to $1 next
Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation
22.7.2021
Bitcoin and Ethereum have been majorly trading in sync since 2018, increasing risk exposure of crypto-only investment portfolios
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
16.7.2021
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020
Ethereum price dragged down below $2K as US inflation hits highest level since 1991
13.7.2021
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
19.6.2021
Analysts and traders are linking Bitcoin's bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise
2 Bitcoin price indicators suggest BTC has not bottomed yet
30.5.2021
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious
Report: Bitcoin Set for its Biggest Breakout Yet
30.10.2020
A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...
Bitcoin decouples from legacy markets as ‘breathtaking’ rally predicted
13.10.2020
Kraken has identified a decreasing correlation between Bitcoin and the legacy financial markets
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...