In brief
Bitcoin reclaimed $109,000 Monday morning, after dipping to $107,500 over the weekend.
Ethereum has sagged 1.5% on the day to $4,406 amid a broader 4.3% weekly drop.
Despite this, Ethereum dominated…
The answer
to "Why is Bitcoin going down today?" lies in a perfect
storm of technical breakdowns, massive whale selling, and overleveraged
positioning that has sent Bitcoin (BTC) price tumbling to
its lowest levels…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and…
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The U.S. employment picture was far stronger than forecast in June, furthering Federal Reserve Chairman Jerome Powell's insistence on remaining patient with respect to easing monetary policy.Nonfarm payrolls grew 147,000…
Key takeaways:Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted.The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade…
Key takeaways:Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs.A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,”…
Key takeaways: BTC is consolidating within a descending channel, but weak onchain activity suggests a lack of momentum.Rising Core inflation data (2.7%) and sticky price growth reduce the likelihood of Fed…
Reason to trust
…
The cryptocurrency market seems to be rebounding from its recent slump. Bitcoin (BTC) has reclaimed the $109,000 mark and is inching closer to hitting $110,000 once again. BTC hitting $110,000…
