Cryptocurrency Insight
Bitcoin price is struggling to overcome the resistance between $28,000 and $30,000 per coin. However, BTC and the US Dollar appear to be following a similar pattern to the one they both followed in late 2020, which led to the latest bull run in cryptocurrencies. Read More
Bitcoin price is experiencing a pullback as this content is being typed. But after last night’s close on the DXY Dollar Currency Index, the top cryptocurrency could be cleared for takeoff. The dollar has lost an important level that in the past has led to Read More
As the price of Bitcoin broke through the $30,000 level, many were excited about how much more the king of crypto can bring to the table. Will Bitcoin skyrocket to $31K? $35k? Or $100,000? The running of the bulls is here, they say. Forget those Read More
Bitcoin is often pitched as a possible contender to become the next global reserve currency. However, it faces many hurdles, none more significant than the current reigning king: the almighty United States dollar. The concept of a global reserve currency is essential for international trade, Read More
The almighty dollar and the once trending DXY are at a major inflection point, with the potential to either hurt the burgeoning bull market for Bitcoin and the rest of cryptocurrencies, or propel it to new heights. The devastating impact of dollar dominance 2022 has Read More