Gone are those days when Bitcoin was an obscure digital novelty used by a highly restricted community. By 2023, it had become a household name. People have accepted cryptocurrencies as a new type of money and have increasingly begun investing in them. Despite occasional drastic retreats in its price, Bitcoin has retained a leading place […]
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Largest monthly decline in 4 years recorded by Bitcoin and other Cryptos
Not a good month for Cryptocurrencies, not at all indeed. Short traders are profiting, obviously, but those who were betting for the rise are having hard times watching all major cryptocurrencies drop in value. Bitcoin slumped 6.3% at $10,199 by 5:58AM ET (11:58GMT) on the Bitfinex exchange. Prices are down around 25% so far this […]
BTC/USD
The Bitcoin dropped 0.4% against the Dollar in the last session. The ROC is giving a positive signal. The last session saw BTC drop 0.4% against USD. The ROC is currently in positive territory. Resistance 687561 Support 616201
Cryptocurrency Daily Market Review
Crypto markets looked as if they were headed for a third consecutive losing session, with Bitcoin falling below the $65,000 level early in the session. However, the latest news from the Federal Reserve, in which the central bank kept interest rates on hold in the U.S. while forecasting three upcoming rate cuts by the end […]
“Trumpnomics” Births “Tecnomics” Which Keeps Markets Capricious And On tiptoes.
“Trumpnomics” births “Tecnomics” which Keeps Markets capricious and on tiptoes. As the results of the EU parliamentary elections results provide some sort of comfort in that most are parties are pro EU. However, the silver lining here would be that UK’s Nigel Farage’s pro-Brexit party won. Both the US and the UK started the week […]
US Thanksgiving and Market Reactions
With the US Market closed for Thanksgiving day, The USD already seems tipsy. Paving the way for other currencies and the safe havens to climb. Head of the publication of ECB’s Monetary Policy Meeting. The See-saw movement documented in the post at the beginning of the week persist. Global Stocks: The smirk was wiped of […]