Bitcoin Reclaims $10.5K-Support on Cues from Tech Stocks
It is official. Bitcoin is tailing the US stock market in pain and gain. The benchmark cryptocurrency inched higher after opening weakly at the New…
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Bitcoin Downtrend Eases Following Powell’s Congress Testimony
Bitcoin rebounded on Wednesday as Jerome Powell sent a mixed tone on the US economic recovery on first day of testimony before Congress. The Federal…
Bitcoin Lower Despite Dovish Fed Sentiment; Here’s Why
Bitcoin inched lower on Thursday despite the Federal Reserve’s dovish policy for the struggling US economy. The benchmark cryptocurrency plunged towards $10,700 after a sell-off…
Bitcoin Hits $11,000 on FOMC Sentiment; Correction or Rally Ahead?
Bitcoin (Symbol: BTCUSD) was trading higher in the early US session Wednesday as traders waited for the Federal Open Market Committee (FOMC) meeting results later…
Bitcoin Tests $11K as MicroStrategy Adds $175M To Its BTC Stash
Bitcoin came closer to jumping the $11,000 level on Tuesday as traders assessed its growing adoption as a hedging asset. MicroStrategy, a US-based public-traded company,…
Bitcoin Shows Strength as Stronger Euro Pushes Dollar Lower
Bitcoin and Euro are playing from the same team against the same opponent: the US dollar. The two assets climbed in tandem this Thursday as the…
Bitcoin Price Analysis: BTC/USD Risks Correction to $9.2K
Bitcoin was under extreme selling pressure on Tuesday as the cryptocurrency briefly plunged below critical technical support of $10,000. The downside move surfaced against a…
US Dollar Rebound Biggest Risk for Bitcoin This Week
A rebound in the US dollar has brought wrath over the Bitcoin market in the last couple of trading sessions. The BTC/USD exchange rate briefly…