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Crypto has a wild day as $300 million liquidated: a story that won’t change soon

Key Takeaways Bitcoin led markets on a ride Wednesday, surging from $28K to $30K before shedding 7% in an hour Surge had come following optimism for liquidity injection from Fed, as banking issues resurfaced at First Republic and shares cratered 50%  Markets are too thin and prone to these large price swings, writes our Head […] The post Crypto has a wild day as $300 million liquidated: a story that won’t change soon appeared first on CoinJournal. дальше »

2023-4-27 15:34


New York Fed says Bitcoin shares most features of ‘a store of value’

The Federal Reserve Bank of New York said in a February 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility.  Using a quantitative methodology known as principal components analysis, the researchers examined the price of Bitcoin around intraday changes […] The post New York Fed says Bitcoin shares most features of ‘a store of value’ appeared first on CryptoSlate. дальше »

2023-2-10 01:27


Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations

On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this. дальше »

2023-2-2 16:00