2022-5-10 21:17 |
As inflation peaks, bitcoin traders should be wary of reading too much into data. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.
Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transaction-fee income barely bounced from 10-year lows of 0.52% of revenue.
Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a three-day reorganization.
Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.
SharpLink reported a net loss of $394 million in the second quarter of 2026, largely driven by Ether’s 23% decline during the quarter.
Trading platform eToro will acquire TradeZero as part of its US expansion as it reported crypto-related revenue fell by about 30% compared to the second quarter of 2025.
