Crypto Currency

Bitcoin retakes $100,000 as liquidations remain low at $175 million

Bitcoin crossed $100,000 today, trading near $101,000 as of press time, after dropping as low as $91,400 on Dec. 30. The shift follows a sideways movement between $92,000 and $100,000 in late December and early January. According to Coinglass data, $175 million was liquidated in the last 24 hours…

Bitcoin crossed $100,000 today, trading near $101,000 as of press time, after dropping as low as $91,400 on Dec. 30. The shift follows a sideways movement between $92,000 and $100,000 in late December and early January. According to Coinglass data, $175 million was liquidated in the last 24 hours…
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Crypto Currency

Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need

Bitcoin (BTC) is trading around the $74,000 mark on March 18, as global financial markets tread cautiously ahead of Chairman Jerome Powell’s speech at 2:30 PM ET, following the Federal The post Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need appeared first on NFT Evening…

Bitcoin (BTC) is trading around the $74,000 mark on March 18, as global financial markets tread cautiously ahead of Chairman Jerome Powell’s speech at 2:30 PM ET, following the Federal
The post Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need appeared first on NFT Evening…
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Crypto Currency

Bitcoin Outperforms Silver as BTC/Silver Reclaims 100-Day Moving Average

Bitcoin (BTC) has exhibited renewed strength against silver after the BTC/Silver ratio regained its 100-day simple moving average (SMA) for the first time in several months. The move indicates a possible shift in relative conduct between the two assets, with BTC momentum, while silver faces continued technical complacency…

Bitcoin (BTC) has exhibited renewed strength against silver after the BTC/Silver ratio regained its 100-day simple moving average (SMA) for the first time in several months. The move indicates a possible shift in relative conduct between the two assets, with BTC momentum, while silver faces continued technical complacency…
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Crypto Currency

Bitcoin’s battle for $70K continues as data shows traders avoiding bullish positioning

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce…

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce…
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Crypto Currency

AQR Founder Argues Crypto Acts Moves With Stocks, Not Gold

TLDR Cliff Asness said crypto currently trades like a risk-on asset rather than a safe haven. He cited chart correlations showing Bitcoin moving in line with S&P 500 futures. Asness rejected the idea that Bitcoin provides diversification during stock market declines. He described Bitcoin as an imaginary asset and questioned extreme valuation claims…

TLDR Cliff Asness said crypto currently trades like a risk-on asset rather than a safe haven. He cited chart correlations showing Bitcoin moving in line with S&P 500 futures. Asness rejected the idea that Bitcoin provides diversification during stock market declines. He described Bitcoin as an imaginary asset and questioned extreme valuation claims…
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