As the US dollar hit its lowest level against multiple G7 currencies in two weeks on Tuesday, Bitcoin rose past $20,000. The rising dollar has reduced the value of commodities like crude oil, whose price dropped to a nine-month low last week. Additionally, Ethereum prices surged to a new five-day
The Biden administration has urged Congress to act swiftly to establish a stable regulatory framework for cryptocurrencies. It is becoming more obvious that countries throughout the world are adopting cryptocurrencies. Despite certain nations’ lack of support, the cryptocurrency market remains popular among investors. This is true in a number of
The year 2022 so far has not yet been bright for the entire crypto industry, including the king, the Bitcoin (BTC). Ever since the start of 2022, the price of BTC has been plunging down further and further as time passes throughout the year. BTC started the year 2022, with
BTC is now trading at $19,258 and is down 0.37% at the time of writing. The global market fell from a trillion to $926.78 billion. Bitcoin is battling to recuperate its deficits from the previous month, and it is striving to achieve $20,000 after achieving a low of less than
Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry
This plainly demonstrates that Bitcoin investors continue to be exceedingly cautious. The BTC Fear and Greed Index is approaching “extreme fear” territory. Bitcoin (BTC), the biggest cryptocurrency by market cap, is still being heavily sold off as global market volatility persists. Bitcoin’s value dropped below $19,000 over the weekend, and
Despite having until September 30th to make a choice, Newsom vetoed the legislation. Newsom thinks his study has to be taken into account before a licensing framework. Assembly Measure 2269, a crypto oversight bill, has been vetoed by California Governor Gavin Newsom. A unique license from the California Department of
Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’. Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has
The top 5 coins by high volume are USDT, BTC, ETH, BUSD, and XRP. USDT has a 24-hour trading volume of $54,346,833,081. In recent days, the global cryptocurrency market has maintained a gloomy trend. The major cryptocurrencies, including Bitcoin, are continually experiencing unpredictable price movements. In the declining crypto market,
Bitcoin and Ethereum witnessing a sudden plunge in the cryptocurrency market. BTC is 1.84% down and ETH is 4.86% down in the last 24 hours. The global crypto market has started showing a bearish signal once again. After witnessing a significant price surge in the past few weeks, the major
