Bitcoin shows signs of relief rally amid calls for emergency rate cuts and technical indicators fxstreet.com 06 August 2024 13:50, UTC Economist Jeremy Siegel calls for emergency rate cuts following the recent market crash. Veteran trader Peter Brandt compared the recent Bitcoin sell-off to the 2015-2017 halving bull market cycle. Arkam Intelligence data shows…
Institutional Investors Bought the Dip: Preferred This Altcoin to Bitcoin! en.bitcoinsistemi.com 06 August 2024 12:09, UTC While the sharp decline in Asian markets and the Japanese stock market, unprecedented since 1987, caused great anxiety in global markets, the market started the week with a bloodbath. While the unprecedented sharp decline in Asian markets increased…
Top Trader Warns Bitcoin and Crypto Will Witness Another Leg Down Before Reversal – Here’s His Long-Term Outlook dailyhodl.com 06 August 2024 12:12, UTC A top crypto strategist thinks Bitcoin (BTC) and the crypto markets are due for another correction before seeing a sustained recovery. Pseudonymous analyst The Flow Horse tells his 223,400 followers…
Bitcoin Death Cross Could Lead to a Catastrophic BTC Price Crash coinpedia.org 06 August 2024 12:13, UTC Similar to July, the August trade started on a huge bearish note. In the first week of August, all crypto assets face extreme bearish heat, with the star token, Bitcoin, plunging below $60,000 for a while. This…
Bitcoin and S&P 500 massive crash reveals key insights, according to analyst finbold.com 06 August 2024 12:16, UTC On August 4, 2024, both Bitcoin (BTC) and the S&P 500 experienced a significant drop, with Bitcoin falling by 7.5% and the S&P 500 by 3%. This comes amidst mounting recession fears and notable market volatility….
Financial Analyst States Bitcoin Is 'Not a Hedge Against Anything' news.bitcoin.com 06 August 2024 12:20, UTC Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper…
Bitcoin back at $55,000 after 8.5% recovery, ETF investors show “diamond hands” cryptobriefing.com 06 August 2024 12:44, UTC Bitcoin (BTC) is back at the $55,000 price level after a sharp 8.5% recovery over the past 24 hours. Spot BTC exchange-traded funds (ETF) investors’ activity has shown resilience so far, with ETFs such as BlackRock’s…
