Bitcoin held above the $60,000 key support level, while Ethereum’s ETH fell to near its weakest level against BTC since […]
Category: QCP Capital
Auto Added by WPeMatico
Bitcoin’s price is currently retesting its “Bull Market Support Band” trend indicator, where prices often rebounded from pullbacks during uptrends.
Friday’s crypto rally defied past days’ correlation with U.S equities, which continued their losing streak.
One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by […]
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto […]
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
Bitcoin’s sharp rebound from Tuesday’s plunge indicates a start of a new rally targeting $76,000, Swissblock said.
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.