A week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins as bitcoin BTC$65,670.07 pulled back from the early May highs …
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- Blockchain Research
Bitcoin price risks slide toward $70,000 as $76,000 support weakens
by adminby adminMake CryptoSlate preferred on The Bitcoin price dropping below $78,000 has shifted market attention to whether buyers can defend the $76,000 area or whether the pullback opens the way for a deeper move toward …
- NFT & Metaverse
Bitcoin (BTC) holds ground as precious metals slide on ETF outflows and liquidity strains, JPMorgan says
by adminby adminBitcoin BTC$68,444.06 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan. “The deterioration in …
- NFT & Metaverse
JPMorgan (JPM) Says Crypto-Native Investors Likely Driving the Market Slide
by adminby adminThe recent market sell-off was likely led by retail and other crypto-focused investors rather than traditional institutions, according to Wall Street bank JPMorgan (JPM). While bitcoin BTC$106,728.62 and ether ETH$3,836.70 both fell after October …
Bitcoin BTC$106,803.77 continued to lose ground Friday, falling below a key average as risk stayed on the defensive, driving Treasury yields to multi-month lows. The leading cryptocurrency by market value fell below its 200-day …
ZEC, DASH Lead as Privacy Coins Defy Broader Market Slide: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) It’s another risk-off session across the crypto markets. Bitcoin BTC$104,248.06 slid 3.5% in the past 24 hours to approach October lows around $103,600. Any further …
Crypto Markets Slide as Key Bitcoin Support Weakens and ETF Flows Reverse
In brief Bitcoin tested the key support level of $112,500 Tuesday morning, as ETF flows reversed with $326M in outflows. Analysts warned that a break of support could send Bitcoin down toward $103,500. Ongoing …