The world’s dominant cryptocurrency witnessed substantial gains during 2020. Analysts say that the Bitcoin record rally could hit a wall in 2021. According to chief markets strategist at Miller Tabak, Matt Maley, signs in the cryptocurrency’s technical chart point to a 25%-30% sell-off that’s expected to hit early in 2021. On Thursday, Bitcoin broke above the $23,000 …
Bitcoin could witness a 25%-30% sell-off in 2021 Read More »
According to the latest news, the CME Bitcoin futures market overtook Binance futures to become the second-largest BTC futures exchange by open interest. Moreover, the institutional volume is rapidly increasing a larget share of the crypto market. Remarkably on October 10, Skew reported that the CME futures market’s open interest dramatically increased by 1,500 contracts. …
CME Bitcoin Futures Market Became the Second-Largest Read More »
During the last few hours, the world’s largest cryptocurrency, the Bitcoin price increased to $11.988 before declining to around $11,900 level. The price is on the cusp of reaching more than $12,000. Some analysts have recommended that the crypto is in the process of decoupling from the rest of the market, including U.S. equities. For …
It was a tough week of Bitcoin this week as the price decreased by nearly 5 percent over the last week. The cost of bitcoin fell under $10,400. According to analysts, it could recover, but if its price continues to decline, the result will be a hazard. The price might fell under $10,000 and get …
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