The price of Bitcoin has plummeted in recent weeks, causing analysts to warn of a looming liquidity crisis. Despite some investor’s hope of a Bitcoin ETF, its future remains uncertain.
Bitcoin prices tumbled to a new two-week low as the bitcoin market prepared for a showdown with the relative strength index. Analysts anticipate increasing volatility as attention turns to whether the digital currency will be able to find support for the sell-off.
Grayscale Investments’ victory in pending litigation against the state of Arizona has sparked a flurry of trading activity in the Grayscale Bitcoin Trust (GBTC). Investors have started to speculate on the shrinking premium of GBTC stock against bitcoin prices.
The crypto analytics firm Santiment has reported that only 5.8% of all Bitcoin (BTC) in circulation sits on exchanges. Despite this, the flagship cryptocurrency continues to face downward price pressures.
The price of Ethereum’s ETH is following an uncertain trajectory, and if the current downtrend continues, analysts predict that $2,734 could be the next target for BTC. Will support hold or will the cryptocurrency eventually break through?
Bitcoin prices have been stuck in a range for nearly a year now. But why, when so much promises have been made of Bitcoin becoming the world’s de facto currency, is it unable to drive the price up? Experts weigh in on the reasons why the digital currency’s price is stuck.
As XRP prices continue to plummet, investors are looking for another option amid fears that its value could drop below $0.50. Could LPX Token be the alternative to sidestep this financial crisis?
Prices of major cryptocurrencies have been on a steady decline over the past few days, and Bitcoin recently hit a two-month low. It has left investors and analysts wondering if pro traders had been given time to prepare and take advantage of the market.
The price of Shiba Inu coin (SHIB) has dropped 6% over the past two days, mirroring the bearish sentiment in the crypto markets. But, despite the slump, some alternative coins, such as The Graph (GRT) and Mirror Protocol (MIR), have fared better and remain resilient.
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