Tag: Bitcoin Market

  • Bitcoin’s Path to $95K: Will a Short Squeeze Ignite a Rally?

    Bitcoin’s Path to $95K: Will a Short Squeeze Ignite a Rally?

    —

    by

    Oscar

    Bitcoin climbed 3% following the latest US Consumer Price Index (CPI) data, which came in lower than expected at 3.1% on March 12. The news sparked renewed optimism, pushing BTC above $80,000 after briefly dipping below this range. With traders aggressively shorting Bitcoin between $84,000 and $85,000, a potential short squeeze could trigger further gains,…

  • Bitcoin Rebounds to $82,700 as Traders Brace for US Inflation Data

    Bitcoin Rebounds to $82,700 as Traders Brace for US Inflation Data

    —

    by

    Oscar

    Bitcoin (BTC) rebounded to $82,700 on Wednesday, recovering 5.52% from recent losses as traders prepared for increased volatility ahead of the US Consumer Price Index (CPI) release. The crypto market, which has been under pressure due to macroeconomic uncertainty, is closely watching inflation data that could influence Federal Reserve (Fed) policy decisions. Bitcoin Recovers from…

  • $82 million Series B investment for the cryptocurrency payments network Mesh is led by Paradigm.

    $82 million Series B investment for the cryptocurrency payments network Mesh is led by Paradigm.

    —

    by

    V Sinclair

    Reported by The Block: Mesh develops a web3 payments system streamlining transactions between a user’s crypto assets and a merchant’s settlement requirements so that the user doesn’t have to swap assets in advance. The crypto payments network Mesh raised $82 million Series B funding led by the crypto venture firm Paradigm. Consensys, QuantumLight Capital, Yolo…

  • Mt. Gox Moves $930M in Bitcoin as Payout Deadline Nears

    Mt. Gox Moves $930M in Bitcoin as Payout Deadline Nears

    —

    by

    Oscar

    Mt. Gox, the infamous crypto exchange that collapsed in 2014, has once again moved a substantial amount of Bitcoin (BTC), signaling potential preparations for creditor repayments. This latest transaction comes amid broader market corrections, raising concerns about increased selling pressure. $930 Million BTC Transfer Sparks Speculation On Tuesday, wallets linked to Mt. Gox transferred 11,834…

  • Bitcoin Faces Sharp Decline as Economic Fears Grip Markets

    Bitcoin Faces Sharp Decline as Economic Fears Grip Markets

    —

    by

    Oscar

    The cryptocurrency market has suffered a major downturn, with Bitcoin slipping below $80,000 and erasing $1 trillion in market value in just a month. This sharp decline follows broader economic concerns, including rising inflation fears, potential U.S. recession risks, and uncertainty surrounding Federal Reserve interest rate policies. BlackRock CEO Issues Inflation Warning Larry Fink, CEO…

  • Crypto Equities Drop as Bitcoin Dips Below $81K

    Crypto Equities Drop as Bitcoin Dips Below $81K

    —

    by

    Oscar

    Bitcoin tumbled to a low of $80,226, triggering a widespread downturn across the crypto market. Leading altcoins also registered steep losses, deepening concerns among investors. The decline comes amid broader market fears, with potential tariffs from former U.S. President Donald Trump weighing on risk assets like crypto and equities. Crypto Stocks Take a Hit The…

  • Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    —

    by

    Oscar

    The cryptocurrency market took a severe hit, shedding $300 billion in value after Donald Trump’s new tariffs on China, Mexico, and Canada spooked investors. Bitcoin (BTC) tumbled nearly 10%, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP saw double-digit losses. The sharp downturn erased gains from Monday’s rally, which was fueled by optimism…

  • Bitcoin Slips into Bear Market with Biggest Monthly Loss Since 2022

    Bitcoin Slips into Bear Market with Biggest Monthly Loss Since 2022

    —

    by

    Oscar

    Bitcoin recorded its sharpest monthly drop in nearly two years, falling by 17.5% in February and slipping into a technical bear market. This marks its 11th worst monthly performance in the past decade, as negative sentiment hit global financial markets. The cryptocurrency ended February at $84,252 (£67,010), after touching a three-month low of $78,273 on…

  • As the Bulls Eye Breakout, Bitcoin Holds $98K—Will It Rise to $108K?

    As the Bulls Eye Breakout, Bitcoin Holds $98K—Will It Rise to $108K?

    —

    by

    V Sinclair

    Bitcoin managed to hold steady above $98,000 on February 21, marking its strongest daily close in nearly three weeks. The flagship cryptocurrency ended the day at $98,330 on Bitstamp, bringing a much-needed wave of relief to traders who had endured weeks of low volatility. Bitcoin Sees Its Best Daily Close in Weeks Despite trading within…

  • Forecasts for the Crypto Market Inspire Investor Interest and Wariness

    Forecasts for the Crypto Market Inspire Investor Interest and Wariness

    —

    by

    V Sinclair

    A cryptocurrency analyst named Inmortal has made notable predictions regarding the market’s future. Through social media, he expressed a strong bullish outlook for Chainlink (LINK) and Ethereum (ETH) . While his assessments have captured investor attention, there is a critical reminder about the inherent volatility of the market. Target Set at $53 for Chainlink Inmortal suggested that…