Bitcoin News

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.

Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months
Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide
The ether-bitcoin ratio rose more than 2% past week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Crypto markets last week saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April
Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?
BTC slipped below $26,000 amid the crypto market mayhem.


