BTC price briefly fell below $20,000 and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests.
Read moreWhile Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on
Read moreBitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.
Read moreBitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years.
Read moreBitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower.
Read moreBitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge.
Read more