Sunday, June 20, 2021

Hawkish Fed comments push Bitcoin price and stocks lower again

Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president...

Bulls hesitate to buy the dip after Bitcoin price falls close to $35K

On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the...

Even Elon Musk can’t save Dogecoin from crashing another 60%, analyst asserts

If one looks at Dogecoin (DOGE) charts from the point of view of a financial chartist, he/she will notice an alarming presence of...

Bitcoin pinned below $38K as investors stash record $756 billion with Fed

Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central bank started paying interest...

Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

Bitcoin (BTC) broke through $38,000 support on June 18 but a reversal at solid support already has traders seeking fresh upside.BTC/USD 1-hour candle...

Bitcoin retests $37K support, gold and stocks drop lower over Fed comments

Bitcoin (BTC) price dropped another notch to $37,365 today after a failed attempt by bulls to retake the $40,000 level. The renewed slump comes...

Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry

Bitcoin (BTC) bulls have little reason to celebrate the 25% rally over the past nine days. After testing the $31,000 support on June...

What a 41 minute head start means to crypto traders

When exchange listing news hits the crypto market, there’s often a spike in trading volume and a rapid (if often short-lived) appreciation in...

Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist

Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail...

Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears

Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward...