Bitcoin’s dip below $30,000 triggered a sell-off in altcoins and dip-buying traders might not have enough momentum to cause a relief rally.
The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies.
A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
Altcoins continue to trend higher but Bitcoin price needs to turn $35,000 to support in order for the entire market to gain momentum.
The cryptocurrency is now up 105% since Jan. 1, 2021.
Chainlink and Aave soared to a new all-time high as Bitcoin bulls struggle to hold BTC price above $32,000.
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences in the value between the […]
There appears to be strong support around $30,000, according to traders.
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins.
Mystery filings using Grayscale’s name suggest the multi-billion dollar firm may be looking to expand the number of Trusts.