Analysis
Here’s why Bitcoin may have to deal with a recession in 2024
The world may well be in a recession when Bitcoin undergoes its next halving. Will it affect the next bull market?
Liam 'Akiba' Wright 6 min read
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Analysts: Bitcoin short-term sell pressure is absorbed by long-term holders
The market price of bitcoin fell below $39,000 at the end of the Easter holidays, but has recovered since. Amidst continued volatility and sell pressure, there is also a strong undercurrent of persistent and robust demand.
Analysis
BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings
Bitcoin, ether and other major cryptocurrencies have dropped sharply over the weekend, sending BTC below $39,000 and ether well below $3,000. Crypto is tightly correlated with general markets fearing the coming week.
Price Watch
Bitcoin has initial positive reaction as inflation hits 8.5% with March CPI data matching forecast
Inflation in the U.S. has hit a 40 year high at 8.5% and Bitcoin reacts positively moving up on the news
Price Watch
Extraordinarily elevated inflation expected today, April 12. Will Bitcoin react?
Bitcoin may be pricing in high inflation numbers expected to be released April 12. The top cryptocurrency dropped 6% on the day as fears inflation will surpass 10%
Price Watch
Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish
Despite acquiring over 26,000 BTC over the last 30 days, Terra’s strategy to back UST with bitcoin couldn’t counterweight market sentiments over the U.S. Fed’s hawkish policy of hiking interest rates by 50 basis points.
Banking
Federal Reserve may purposely force down crypto prices
Former Goldman Sachs Chief Economist thinks the Fed is going to have to shock the market into shedding some of its gains in order to get the markets under control and reduce inflation.
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Analysis
SkyBridge founder Scaramucci says Bitcoin still heading to $500,000
Analysis
Bitcoin drops below $44k as crypto follows stock market sell off
Adoption
Bitcoin briefly jumps above $47K after MicroStrategy buys 4,167 BTC
Regulation