Cryptocurrencies

BTC falls amid risk aversion in global markets

Bitcoin dropped 1.05% to $33,862 on Wednesday, July 7. The price action hovered at $34,500 for 15 hours and started to trend sharply lower by the close. In Asian and European trading, the price fell to $32,077 amid risk aversion in the FX market. This morning the dollar tried to seize the initiative, but failed, […]

1 year ago
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Cryptocurrencies
Bitcoin sees 20% rebound

Bitcoin rose 2.85% against the dollar to $32,509 on Tuesday, June 22. After sinking to a local low of $28,805, the price gained 12.86%, followed by 18.3% on Wednesday. The price action dropped 3.9% below the $30k mark and ricocheted upward from the channel. Some investors bought into the dip to keep the price above […]

1 year ago
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Cryptocurrencies
Bitcoin breaches $36k

Bitcoin trading ended slightly lower on Monday, June 28, down 0.59% to $34,494. The decline was marginal as the market took a breather after a big 15% rally on June 26 and 27. The consolidative pause in the $33,850-35,300 range lasted 26 hours. The bitcoin bulls tested the $36k level during the North American trading […]

1 year ago
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Cryptocurrencies
Bitcoin attempts to rebound again

Over the past week, bitcoin has declined by 2.53% to $34,700. The crypto bulls regained 20.47% from a low of $28,805. The weekly candle closed with a pin bar, so the bulls had a chance to pump up the price action to $42,000. The price rose to $35,297 during yesterday’s European trading session in the […]

1 year ago
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Cryptocurrencies
Bitcoin eases as USD firms

Yesterday marked the end of the month, quarter and first half of the year. Bitcoin declined by 5.93% to $35,045 in June and by 40.34% in Q2. Over the past six months, the world’s leading cryptocurrency gained 21.16%. BTC shed 2.14% on Wednesday. In Asian trading, losses rose by 4.82%. The price action dropped to […]

1 year ago
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Cryptocurrencies
Bitcoin hits a lull ahead of NFPs

Bitcoin lost 4.40% on Thursday, July 1. During the European session, the BTCUSDT pair has been trading around $32,915. After the first drop to $30,000 (May 19), the flat trend lasted 44 days. The sideways trading range is ~$12,200 (44%). Trade volume on Binance has sunk to 97.7k bitcoins, down from 138k in early June. […]

1 year ago
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Cryptocurrencies
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