Bitcoin Rout Worsens – Altcoins Collapse
Bitcoin continued it’s no good, very bad week, plunging below $60,000, hitting a low of $54,640 on sunday. The market-wide sell-off is now into its fourth day, with bullish futures bets losing nearly $200 million in the past 36 hours.
Bitcoin Crash – Is the Bull Run Over?
With Bitcoin dropping 18% in April, and 10% this week, traders are bearish. Is the bull run over?
Bitcoin Bounces After Fed Decision
Bitcoin is down 10% over the last week, and investors are spooked. However, these corrections are standard for Bitcoin bull markets, is this time different?
Bitcoin Dumps – Is the Bull Market Over?
On Friday Bitcoin dropped 25% in one day, one of the steepest drops since March 2020. With the market sentiment now in extreme fear, is the bull market over for now?
The Crypto Crash – BTC is legal tender in El Salvador, the President buys the dip
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points.
Bitcoin’s safe-haven status falters
This week the World Health Organization finally declared the COVID-19 Coronavirus a pandemic. Shortly afterward, all global financial markets tanked. Bitcoin crashed to $3,800, dropping 40% in one day, disproving Bitcoin’s status as a safe-haven.
Bitcoin plunges amidst China crypto crackdown
An announcement from China’s central bank has sent a chill through the cryptocurrency markets, suggesting bullish investors overreacted to President Xi's recent speech encouraging blockchain development.
Bitcoin plunges after underwhelming Bakkt launch
The tight range that Bitcoin has coiled in over the last few weeks suddenly broke down on Tuesday evening as technical and fundamental factors combined to trigger a drop of 15 percent.