Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $ 30,000 and $ 35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that bitcoin’s price movement is “anticipating the Bank Term …
Bitcoin’s price is holding above the $ 35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $ 35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally Takes a Breather Above $ 35,000 Global …
Bitcoin continued to trade under the $ 35,000 level on Tuesday, as markets prepared for the upcoming U.S. consumer confidence report. It is expected that the confidence index will come in at a reading of 100 in October, down from 103 the month prior. Ethereum remains above $ 1,800. Bitcoin Bitcoin consolidated on …
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $ 35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin …
Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $ 1,800. Bitcoin Bitcoin bulls pushed the cryptocurrency over the $ …