Bitcoin Soars to $15.6K as Fed Commits Near-Zero Interest Rate
Bitcoin bounced to a three-year peak as the Federal Reserve vowed to keep its benchmark interest rate near zero. In a statement on Thursday, the…
Posts Tagged: xbtusd
Bitcoin Price Analysis: Ascending Triangle Hints Breakout Ahead
Bitcoin plunged sharply into the Monday session as traders decided to lock their profits before the US presidential election on November 3. The decline in…
Bitcoin Decouples from Gold, Stock Market as Price Hits $13K
The last 24 hours of trading saw Bitcoin decoupling from gold and stock markets as its price surged above $13,000. The BTC/USD exchange rate added…
Overbought Bitcoin Risks Decline Even as Price Targets $12K-Breakout
A close above $11,900 in the Bitcoin market on Tuesday met with resistance, causing the cryptocurrency to flip lower. The price action reminded of a…
Bitcoin Risks Plunging to $10K After Latest Upside Rejection: Analyst
A Bitcoin price rally sustained for six days in a row, but it is now looking to halt amid renewed profit-taking sentiment. The last 48…
Square Saves Bitcoin From Uncertainty as Price Leaps $10.9K
Bitcoin logged a $400 price rally shortly after Jack Dorsey’s Square announced its investment in the cryptocurrency. The multinational payments company said in a press…
Bitcoin Holds Above $10.7K on Powell’s Strict Demand for Stimulus
Bitcoin was holding onto a critical support level above $10,700, as Jerome Powell went strict over the delay in the second coronavirus stimulus package. The…
Bitcoin Price Outlook: BTC/USD Pulls Back Ahead of Q3 Close
Bitcoin was trading mildly lower on Wednesday, with investors remaining cautious about the heightened volatility ahead of November’s US presidential election. The BTC/USD exchange rate…