Key Takeaways Bitcoin’s recent surge has drawn surprise as banking sector has pulled stock market down Declaring this a break in the correlation trend is a mistake, writes our Data Analyst Dan Ashmore, who says Bitcoin remains risk-on Both the stock market and Bitcoin continue
Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank
Key Takeaways Bitcoin is a decentralised asset, yet large amounts are controlled by a select few The top 114 addresses hold nearly 3 million BTC, 15.5% of the total supply The anonymous Satoshi Nakamoto holds 5.2% of the supply MicroStrategy hold 0.68% of the supply
Bitcoin price rose to around $22,600 on Sunday after rallying 11% from below $20,000. Technical analyst Rekt Capital says Bitcoin has cancelled a double top formation. A successful retest of $21,700 zone could see BTC continue short term upside recovery. Bitcoin has retested the $22,600
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs were liquidated on Thursday and Friday, the largest 48-hour number of the year News that
Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12 months in February. On-chain data suggests BTC price could rally to $30,000 in the short term. Bitcoin rose sharply on
Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of
Key Takeaways Ethereum has fallen against Bitcoin thus far this year This is unusual as the market has risen, and altcoins tend to outperform Bitcoin in bull markets Nonetheless, Bitcoin maxis represent everything that is and about the space, writes our Analyst Dan Ashmore Their