Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up Bitcoin price dived 2% on October 6, 2023, following the release of stronger-than-expected US jobs data. The data suggests that the US economy is still strong, which could lead the Federal Reserve to raise interest rates more aggressively. Stronger US…
3 reasons why Ethereum price can’t break $2K Ethereum, the second-largest cryptocurrency by market capitalization, has been struggling to break above the $2,000 level in recent weeks. There are a number of reasons for this, including: Declining network activity: The total value locked (TVL) across the Ethereum ecosystem has been declining in recent months. This…
Crypto.com Crypto Exchange Latest News Updates October 13, 2023 Crypto.com is one of the world’s leading cryptocurrency exchanges, offering a wide range of services to its users. The exchange has been in the news a lot lately, as it continues to expand its reach and add new features. In this article, we will take a…
Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in Bitcoin bulls are looking to reclaim the $28,000 level, but a trader says a “big” buyer must step in to help them break through resistance. Bitcoin (BTC) has been hovering around the $28,000 level for the past few days, as bulls and bears…
Why is Bitcoin price down today? Bitcoin price is down today, October 13, 2023, for a number of reasons. Macroeconomic factors The global economy is facing a number of challenges, including rising inflation and interest rates. This has led to investors becoming more risk-averse, which is weighing on the price of Bitcoin. Bitcoin is often…
OKX Crypto Exchange Latest News Updates OKX is one of the world’s leading cryptocurrency exchanges, offering a wide range of products and services to traders of all levels of experience. The exchange has recently been in the news for a number of reasons, including its expansion into new markets, its partnerships with major brands, and…
Bitstamp Crypto Exchange Latest News Updates Bitstamp is one of the longest-running and most trusted cryptocurrency exchanges in the world. Founded in 2011, Bitstamp offers a wide range of services, including spot trading, margin trading, and staking. Bitstamp is also known for its strong security and regulatory compliance. Here are the latest news updates about…
Uptober may be over: Bitcoin price data shows investor sentiment at 3-month low October has historically been a good month for Bitcoin, with the cryptocurrency often seeing significant price increases. However, this year may be different, as investor sentiment has reached a 3-month low. There are a number of factors that could be contributing to…
Why is the crypto market down today? The crypto market is down today, with most major cryptocurrencies trading in the red. There are a number of factors that could be contributing to the decline, including: Rising interest rates: The US Federal Reserve is expected to raise interest rates again this week, which could dampen investor…
Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event? Chainlink (LINK) rallied over 35% in September 2023, outperforming most other cryptocurrencies. However, the rally has since fizzled out, leading some to speculate that it was simply a “buy the rumor, sell the news” event. What is Chainlink? Chainlink is a decentralized…