Bitcoin News

Bitcoin Dips Below $40K as ‘Death Cross’ Looms on Price Charts
The past record of the “Death Cross” as an indicator of deeper drawdowns is mixed.

First Mover Asia: Bitcoin, Altcoins Rebound Amid Light Trading
Bitcoin topped $42,500 on Sunday after reaching its lowest mark since late September the day before; ether reaches over $3,200.

Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K
The price appears to have stabilized after a nearly weeklong downdraft that marked one of the cryptocurrency’s worst-ever starts to a year.

2021: The Year of the Alts
The market has decided that it likes bitcoin more than it did a year ago – but it really, really likes ether and its layer 1 rivals.

Bitcoin Falls Toward $40K, Racks Up Longest Losing Streak Since 2018
Cryptocurrency analysts had warned of the possibility of a steeper sell-off, and now traders are wondering when and where the market shakeout might end.

Is the Bitcoin Hashrate Becoming Vulnerable to Geopolitical Risks?
According to MiningPoolStats, hash power commanded by the largest mining pools – a reasonable proxy for overall Bitcoin hashrate – shrank by a hefty 12.7% this week. The leading cause was a political event in Kazakhstan. “All About Bitcoin” fill-in host Galen Moore explains the data in Chart of the Day.

Market Wrap: Crypto Traders Reduce Leverage, Selling Pressure Subsides
Analysts expect cryptocurrencies to stabilize given signs of healthier market conditions.




