Journalist Posted: September 17, 2023 The Federal Reserve’s next interest rate hike could undo Bitcoin’s recent gains. A look at what BTC traders should expect in case of a bearish outcome. Bitcoin [BTC] just concluded an exciting week characterized by the return of volatility, and bullish demand. At the same time, the extended downside that …
Bitcoin: Will this threat wipe out improving sentiment? Read More »
Amid U.S. inflation data, digital asset investment products record inflows. Bitcoin’s inflows represented 93% of all inflows registered. Digital asset investment products recorded inflows last week after three consecutive weeks of outflows, according to a new report by digital asset investment firm CoinShares. Source: CoinShares The report found that digital asset investment products saw inflows …
Crypto fund inflows improve as positive sentiment returns Read More »
An assessment of BTC’s On-Chain Losses Ribbon revealed that a bullish trend was still present in the market. A fall in BTC’s exchange reserves signals a decline in the coin’s sell-offs. As Bitcoin’s [BTC] price traded below the $30,000 psychological price mark, positive sentiment in the market dwindled. However, pseudonymous CryptoQuant analyst BaroVirtual has found …
Bitcoin bulls remain determined amidst waning sentiment Read More »