2022-6-22 21:05 |
BTC rebounds as stocks experience a similar rally. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin (BTC) and other cryptos rose on Friday as bullish sentiment returned. Altcoins such as AAVE and SOL took the lead, indicating a greater appetite for risk among crypto traders. Meanwhile, stocks declined after the strong US jobs report.
2022-4-2 23:24 | |
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Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.
Bitcoin spiked to a new August high into Sunday’s weekly close as market participants turned their attention to the next US inflation reports.
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.”
