Tag Archives: cryptocurrency

Bitcoin Posts Modest Gains After February CPI Inflation Comes In Cooler Than Expected

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Bitcoin (BTC) recorded slight gains as the Consumer Price Index (CPI) inflation rate for February came in lower than expected. The softer inflation reading fuelled hopes of interest rate cuts by the US Federal Reserve (Fed), potentially benefiting risk-on assets. Bitcoin Jumps As Inflation Cools According to data from the US Bureau of Labor Statistics,… Continue reading Bitcoin Posts Modest Gains After February CPI Inflation Comes In Cooler Than Expected→

Crypto Bull Run Isn’t Over—It’s Just Changing, Says Analyst

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In a period marked by extraordinary polarization, market participants find themselves torn between two opposing camps: one steadfastly predicting that the current dip is merely a setup for an impending altcoin rally, and the other resolute that the broader crypto bull run has already reached its conclusion. In a post on X, Koroush Khaneghah, Founder… Continue reading Crypto Bull Run Isn’t Over—It’s Just Changing, Says Analyst→

Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market

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According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market. Bitcoin To Dip Further? Yesterday, Bitcoin hit a four-month low of $76,606 as both the global cryptocurrency… Continue reading Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market→

Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount

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The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted at the possibility of a recession, has further unsettled investors. Crypto Market Plummets: XRP, Solana, And… Continue reading Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount→

‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future

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Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market’s trajectory—bullish or bearish. A Historical Buffer Against… Continue reading ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future→

Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic

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Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year. Despite multiple attempts, the second-largest cryptocurrency by market capitalization has been unable to break through key technical levels since the beginning of this year.  Ethereum’s price action over the past two weeks has shown more weakness. An interesting analysis from… Continue reading Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic→

Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target

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Tony Severino, a prominent crypto analyst, has shared a new Bitcoin price forecast, suggesting that the pioneer cryptocurrency is on the verge of another major correction. The analyst suggested that the formation of a Lower Time Frame (LTF) Head and Shoulders pattern on the Bitcoin price chart is a potential confirmation of a crash to… Continue reading Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target→

Bitcoin Slides After Trump Signs Strategic Reserve Executive Order

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Bitcoin and other top altcoins like ADA and Ripple’s XRP surged in price minutes after US President Trump issued a statement on a crypto strategic reserve. After languishing below $85k for days, Bitcoin climbed past $90k last Monday and briefly flirted with the $95k level.  However, crypto’s hot streak was brief, making Trump’s latest statement… Continue reading Bitcoin Slides After Trump Signs Strategic Reserve Executive Order→

Bitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC Bulls

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The US dollar index (DXY) is experiencing one of its largest weekly declines since 2013, fuelling optimism for a potential rally among risk-on assets, including Bitcoin (BTC). The last time the DXY saw such a sharp pullback was during the height of the FTX fiasco in November 2022, which coincided with a Bitcoin bottom. Will… Continue reading Bitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC Bulls→

Ethereum’s Latest Drop: What Key Holders Did Next

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In crypto, wild price swings are normal when policies and new regulations are announced. This market observation became evident this week, immediately after US President Donald Trump announced plans for a strategic crypto reserve that includes Ethereum, Solana, ADA, Ripple’s XRP, and of course, Bitcoin.  Cryptos’ reaction was immediate, with Ethereum as one of the… Continue reading Ethereum’s Latest Drop: What Key Holders Did Next→