Bitcoin Stares At Death Cross, What Does It Mean?

Bitcoin Stares At Death Cross, What Does It Mean?

Bitcoin, the world’s largest cryptocurrency, started 2022 on a rocky note after a strong but choppy 2021. From a high of about $69,000 reached in November 2021, the virtual currency has fallen to around $40,000, bringing it close to a fateful death cross. A death cross forms when the 50-day moving average (MA) of an … Read more

Bitcoin ETF price: Bitcoin ETF goes from boom to bust after a record US debut

Bitcoin ETF price: Bitcoin ETF goes from boom to bust after a record US debut

The crypto bloodbath has turned a popular Bitcoin ETF that made its most successful debut ever into one of the biggest losers for the issuer in its first two months of trading. With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, BITO Tape, is now one of the 10 worst performers when looking at … Read more

Cryptocurrency prices today: Bitcoin slips 9% as global markets fall on Fed’s hawkish minutes

Business Today

Bitcoin, the world’s largest cryptocurrency, is down nearly 9% today, as hawkish minutes from the Federal Reserve’s December meeting impacted global risk assets. Bitcoin fell 8.88% to $42,654 on Coinmarketcap. The market capitalization of the cryptocurrency fell to $808.445 billion. Currently, the global cryptocurrency market capitalization is $2.02 trillion, with a decrease of 10.12%. Other … Read more

Bitcoin declines to lowest level since December’s crash

The largest cryptocurrency by market value dropped as much as 6% to $43,451

Bitcoin has tumbled to its lowest level since its collapse in December as rising expectations of higher borrowing rates weigh on some of the best-performing assets over the past few years, Bloomberg reports. The largest cryptocurrency by market capitalization is down 6% to $43,451. That pushed the price to its lowest level since it touched … Read more