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Bitcoin price: Analyst points to 16-month range bottom at $28k-$32k

Bitcoin’s slump continued on Monday, with the flagship cryptocurrency suffering a more than 10% dip intraday to fall as low as $30,527. The bleeding with the crypto markets followed last week’s drawdown that had come after losses on Wall Street in the wake of a 50 basis point interest rate hike by the US Federal […] The post Bitcoin price: Analyst points to 16-month range bottom at $28k-$32k appeared first on Invezz. дальше »

2022-5-10 00:34

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Over 30% of Bitcoin supply now in loss amid crypto price rot

Bitcoin’s recent struggle since dipping below has seen more of the coin’s supply shift from a position of profitability, with 30%+ of supply in a loss. The cryptocurrency is trying to bounce above support-turned-resistance level around $38k, having fluctuated to lows of $36,350 amid broader market sell-off early Tuesday, According to on-chain analytics platform Glassnode, […] The post Over 30% of Bitcoin supply now in loss amid crypto price rot appeared first on Invezz. дальше »

2022-2-23 01:33