Bitcoin

Image source: Getty Images While Bitcoin leads the crypto space in market cap, it’s draggin’ wagon when it comes to price growth this year. Here are three cryptos currently outperforming BTC. Key points While Bitcoin dominates the crypto industry with its $829 billion market cap, its price is… Source link

Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Support and resistance zones narrow Data from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Feb. 11. The largest cryptocurrency had seen difficult moves for traders after Feb. 10’s U.S. CPI data, this causing pain for longs and shorts alike as… 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

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

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

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

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Gem Mining CEO John Warren and Rosecliff founder Mike Murphy give their take on the benefits of mining Bitcoin and if stock picking should be allowed for everyone on ‘Making Money.’ The Justice Department this week carried out its largest cryptocurrency bust to date after seizing billions in stolen bitcoin from Ilya Lichtenstein and his wife Heather Morgan aka “Crocodile of Wall Street.”  In this courtroom sketch, attorney Sam Enzer, center, sits between Heather Morgan, left, and… Source link

Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Melt-up or breakdown? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in the range defined in recent days without significant downside pressure. Circling $44,000, traders were mostly preoccupied with a potential retracement, this having the potential to wipe out practically all… Source link