Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal
An overnight attempt to crash Bitcoin alongside the US stock market met with extreme resistance as the cryptocurrency bounced back handsomely.
More Pain for Bitcoin Ahead as Price Breaks “Legacy Trendline,” Says Analyst
Bitcoin (BTC) is at risk of extending its ongoing downside correction as it breaks below a so-called “legacy trendline.” As spotted by an independent, pseudonymous chart...
Troubles for Bitcoin as Hedge Funds Bet Against Stock Market Winners
Bitcoin faces the prospects of undergoing broader downside corrections as hedge funds rush to short stocks that surged impressively during the coronavirus pandemic. According to the...
Bitcoin Hits 5-Week High Ahead of Q3 Earnings Season; What’s Next?
There was no major stimulus announcement, but Bitcoin was still able to hit a five-week high on the first day of the week. The benchmark cryptocurrency established an intraday high of...
Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?
Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the...
Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading...
3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Here are the top three risks the...
Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse
Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The...
Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date
Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies. The rally also appeared as the US dollar fell to its lowest...
Gold Spikes While Dow Drops 500 Points Following Fed Meeting; How Will Bitcoin Respond?
After yesterday’s Federal Reserve meeting, markets have gone haywire once again, restarting the insane volatility first triggered following Black Thursday. Moments after the dust...
Bitcoin Price Dips Below $9,000 as Global Stocks Slump
Bitcoin price teetered on the brink of $9,000, breaking down along with global stock prices. Analysts believe the Friday slump across markets is a response to the still uncertain trade...
Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder
Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset...