Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks. Bitcoin (BTC) dropped below $9,000 on June 15 as a new week produced fresh selling pressure across macro assets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price tests Read more…
At around $9,640, Bitcoin is more than 50% higher than its dip at the beginning of March. But I wouldn’t chase the price up by speculating on the cryptocurrency now. All kinds of markets have been shooting up since the coronavirus crash. For example, look for proof in the prices Read more…
Back in March, Bitcoin (BTC) and most other cryptocurrencies joined the stock market in one of the biggest market sell-offs in recent history. Now, two months after, what is now known as, Black Thursday (March 12, 2020), Bitcoin has recovered all of its losses plus more, while the stock market is still Read more…
In brief Bitcoin has tracked the stock market, crashing and then recovering in a short period of time. After hitting lows of $4,100 just in March, Bitcoin has pushed past $9,000 this week. It isn’t clear whether the cryptocurrency will continue to follow the stock market—which has had a worrying Read more…
Speaking at Virtual Blockchain Week, famed venture capitalist Tim Draper confirmed that he is sticking to his six-figure Bitcoin (BTC) price prediction. Back in 2018, Tim Draper made a bold public call that the price of Bitcoin would reach $250,000 by the end of 2022 or early 2023. As of today, he’s sticking to Read more…
Wall street experts keep giving contradictory stock market advice, luring in unsuspecting retail investors during this downturn. Wall Street investors are giving contradictory advice at every stage of this stock market downturn. They each have their own agenda and positions to pump when they go on CNBC. Retail investors will Read more…
Some argue that crypto and stocks are correlated, but that wasn’t the case this week. In fact, since March 13, stocks have dropped while Bitcoin has slowly recovered. The end of the week brings about more mixed results for markets everywhere, with the Dow Jones Industrial Average having dropped by more Read more…