Crypto Currency

Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists

After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others…

Published 1 year ago in
Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists

After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others…
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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…

Published 12 hours ago in
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…
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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…

Published 12 hours ago in
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…
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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…

Published 12 hours ago in
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…
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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…

Published 12 hours ago in
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…
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