Tag: Markets

BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see. Bitcoin network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind. Bitcoin mining difficulty ends…

Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different. The financial media often points out Bitcoin’s correlation to big tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse-relationship with the United States dollar. But…

Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle’s $20,000 all-time high — or worse. Bitcoin hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming. Analysis: Bitcoin may see new ‘generational buying opportunity’ Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering…

Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency. The connection between Bitcoin and gold goes back to Bitcoin’s origin. While it is not mentioned in the Bitcoin white paper, Satoshi Nakamoto actually referred to gold’s rarity in a Bitcointalk forum post when introducing the first version…

Bitcoin is due to offer nothing beyond “classic weekend chop,” signs of change on BTC price charts continue to flow in. Bitcoin further ground down volatility into Aug. 12 as “astonishing” BTC price action stayed in place. Bitcoin: “Classic weekend chop” expected Data from Cointelegraph Markets Pro and TradingView followed a flat Bitcoin trading environment as the weekend began. After displaying…

Bitcoin price is stuck today, but several data points suggest it won’t be for too much longer The price of Bitcoin is stuck, fluctuating inside a narrow trading range with futures markets remaining flat nearing all-time lows. Why is Bitcoin price stuck? Bitcoin price is going through an unusually calm period, with several volatility indicators reaching…