An artist paints a Bitcoin mural at the North American Bitcoin Conference in Miami, held earlier this year. Wall Street sees various scenarios for the largest crypto. Photo by Joe Raedle/Getty Images … Source link

Cryptocurrency has been volatile lately along with the stock market. Ethereum (CRYPTO:ETH), for example, is up 77% during the past year, but down 3% in the past month. Bitcoin, on the other hand, is down 6% over the past year, and up 5% over the past month. This is partly in reaction to changing and uncertain macroeconomic trends, such as inflation and interest rates. It also could be related to uncertainty about cryptocurrency in general. There are… Source link

The last few months have been rough for cryptocurrency, as the majority of cryptos have watched their prices take a nosedive. After reaching an all-time high in mid-November, the price of Ethereum (CRYPTO:ETH) had dropped by nearly 50% by the end of January. While this volatility can be nerve-wracking for investors, it can also be a fantastic opportunity to “buy the dip,” or invest when prices are at their lowest. Ethereum’s price has started to… Source link

Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand. In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action. Derivatives turn complementary After rallying above $45,500 on the back of United States economic data, BTC/USD has since dropped back into the range that has defined it this week. For Decentrader, the chances of a low-timeframe decline are there,… Source link

An artist paints a Bitcoin mural at the North American Bitcoin Conference in Miami, held earlier this year. Wall Street sees various scenarios for the largest crypto. Photo by Joe Raedle/Getty Images … Source link

After the cryptocurrency market collapsed in January, some assets closed the month in the red. This includes Ethereum, the second-largest cryptocurrency by market capitalization, which went below 27% from December. While Ethereum (ETH) has already seen positive returns in February, the potential of a price crash remains. The price of ETH might drop as low as $1,700, according to Bloomberg. Experts believe, however, that Ethereum’s bullish fundamentals will be preserved. Ethereum May… Source link

Place/Date: – February 10th, 2022 at 11:04 pm UTC · 3 min read Source: Loopring (LRC), Monero (XMR) and HUH Token (HUH) will join the rest of the cryptocurrency market in an optimistic outlook for the future of crypto. The worldwide stance on cryptocurrency is consistently changing, and recently some positive news, among other factors, could have led to an increase in the price of many cryptocurrencies. India recently shared some clarification on the rules regarding cryptocurrency… Source link

Bitcoin (BTC) and cryptocurrency holders are enjoying the fruits of their labor on Feb. 10 after Bitcoin price rallied shortly after the U.S. Bureau of Labor Statistics showed a blistering 7.5% Consumer Price Index (CPI) print. This shows that inflation continues to worsen as fiat currencies bleed out their purchasing power.  Data from Cointelegraph Markets Pro and TradingView shows that after trading below $44,000 during the early hours on Feb. 10, the price of Bitcoin spiked to an intraday… Source link

Monero Classic (XMC) gets a very bullish rating from InvestorsObserver Thursday. The coin is up 0.79% to $0.2250256208 while the broader crypto market is down 2.29%. Monero Classic has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Very Bullish Over the last five days, Monero Classic has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The… Source link

Bitcoin (BTC) fell immediately on the latest United States consumer price index (CPI) data on Feb. 10 in a surprise move that deflated bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Spot the Bitcoin bear trap Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dropped $1,800 after January’s CPI print came in at 7.5%. Despite being 0.2% higher than expected, surging inflation failed to have the positive impact on risk assets such as Bitcoin that… Source link