Cryptocurrency Insight
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
The Bitcoin and crypto market is facing a “bull vacuum” in the short term. In the wake of significantly lower than expected inflation numbers (CPI and PPI) and the long-awaited pivot of the Federal Reserve in the US, Bitcoin price managed to continue its upward Read More
The week ahead once again contains important economic data and events for the Bitcoin and cryptocurrency market that traders should be following. Last week, Bitcoin hit a new yearly high of $28,921 before US Federal Reserve (Fed) Chairman Jerome Powell ended the rally with his Read More
Due to the insolvency of several US banks and the ongoing liquidity problems of reportedly over 186 US banks, as well as UBS Bank’s acquisition of Credit Suisse, Bitcoin and cryptocurrencies are more bullish than ever. On Sunday, Bitcoin price peaked at over $28,400. Some Read More
Bitcoin price is consolidating after finding strong resistance at the $25,000 level. This year, the primary cryptocurrency’s price resurgence was the main talking point, rising from $16k to $24k in a few weeks. This trend continued as Bitcoin crossed the $25,000 mark for the first Read More
Once again, this week will bring important macroeconomic data for the Bitcoin and crypto markets that investors should keep an eye on. While Bitcoin has consistently managed to break correlation with the S&P 500 and the Dollar Index (DXY) in recent weeks, it is likely Read More