Bitcoin prices remained steady at around $29,200 on Friday, as investors digested a monthly U.S. jobs report that was lower than expected. Although some had feared that weak jobs numbers could put downward pressure on the digital currency, it held steady.
New data suggests Chinese traders are dominating the crypto market, with Binance registering a record-breaking $90 billion in daily volume despite the country’s ban on digital currency trading.
Crypto markets lost an average of $20B in daily market cap, as Bitcoin fell below the $29K mark. The top 20 cryptocurrencies by market cap, as well as the entire crypto market, have experienced a crash in prices this week.
🚨 The SEC asked Coinbase to halt trading in everything but Bitcoin! According to Coinbase’s CEO Brian Armstrong the SEC recommended Coinbase to halt trading of everything but Bitcoin before launching their legal action against […]
Bitcoin SV & Bitcoin rose sharply in the past 24 hours, boosted by resurgent investor interest. BSV shot up 11% & BTC jumped to levels above $29K. The rebound came after weekend losses and suggests the crypto market is regaining momentum.
🤯 Legendary trader says Bitcoin will be at the top of the food chain! 🚀 “BTC will be at the top of the food chain. That’s the only thing that matters.” – Peter Brandt
The Bitcoin market has seen a significant change in its trend as the MA 200 (moving average 200) has crossed over the MA 50 (moving average 50). With this crossing, experts recommend to wait for further cross before investing.
Fed Chair Jerome Powell is in the spotlight as he leads the Federal Reserve’s surprise rate hike to an historic high, prompting Bitcoin traders to brace for a possible dip in the cryptocurrency’s value.
Bitget, a top global crypto-trading platform, passed another milestone, surpassing 20 million users, in part due to wallet integration which has propelled daily trading volumes to over $2 billion.
Cryptocurrency Stellar XLM saw its price surge 19 percent on Monday pushing its market cap to over 7 billion Analysts suggest that this could be the start of a new upward trend with the potential of it testing the 0.2 resistance mark