Bitcoin

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New Delhi: Crypto tokens were trading higher on Friday, with Bitcoin holding above the key psychological level of $20,000. The asset class seems increasingly likely to remain in the same price rut until the release of inflation numbers later this month and Federal Reserve’s meeting outcome, said analysts. Barring Tron and US dollar-pegged Tether, all other tokens were trading higher on Friday. Polygon zoomed over 5 per cent, whereas Polkadot gained 3 per cent. Ethereum and Cardano gained… Source link

Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region. Bitcoin Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report. Following an additional 528,000 jobs in the U.S…. Source link

Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly candle “doesn’t look good” Data from Cointelegraph Markets Pro and TradingView confirms that BTC/USD finished the month at $19,990. A knock to bulls’ efforts to stabilize spot price, the August close was only the second monthly candle finish below the $20,000 mark (depending on the exchange used) since late 2020. BTC/USD… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – It was another day of underwhelming activity in the crypto market as prices traded flat in the absence of any major developments, which is typical for crypto winters.  Data from TradingView shows that several attempts by bears to hammer the price of Bitcoin (BTC) below… Source link

U.S. Equities: The S&P 500, Dow Jones Industrial Average and the tech-heavy Nasdaq Composite all traded down slightly on Wednesday, at least partly because of the tepid ADP jobs figure. The DJIA, Nasdaq and S&P 500 fell 0.9%, 0.6% and 0.8% respectively. Source link

Text size Bitcoin has been trading below its 200-week moving average since June. Ozan Kose/AFP via Getty Images … Source link

Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns.  BTC price double-bottom and then to $30K? The conflicting upside signal comes from a potential double-bottom pattern on Bitcoin’s longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble the letter W due to two lows and a change in direction from downside to upside.

Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference in Biarritz, France, on Aug 26.  Panelists Ben Perrin, a Bitcoin Youtuber; Ernesto Hernandez, a Salvadoran business consultant; and Carol from the popular Brazillian Youtube channel “Area Bitcoin” tackled a tricky topic: “Victims of the Banking System around the world: Inflation,… Source link