Tag: Bitcoin Rally
-
Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off
—
by
Bitcoin’s remarkable surge to fresh record highs ended abruptly on Thursday, sending ripples through the crypto market. The world’s largest digital asset had surged past $124,000 for the first time earlier this week, igniting optimism among traders. However, the bullish momentum was halted following the release of unexpectedly high US wholesale inflation figures, which dented…
-
Bitcoin Rally Splits Market: Miners Accumulate, Traders Hedge
—
by
Bitcoin (BTC) recently surpassed the pivotal $95,000 mark, sparking mixed reactions across the market. While miners exhibit growing confidence, traders remain cautious, with derivatives data hinting at bearish sentiment. This divergence between key market participants raises questions about the coin’s next move. Miners Accumulate as Reserves Hit Turning Point Bitcoin’s decisive break above $95,000 has…