Invesco’s Global Head of Asset Allocation likens Bitcoin’s staggering rally in 2021 to a…

The post Bitcoin’s price could deflate below $30,000 in 2022, Invesco says appeared first on Coin Journal.

Why crypto investors are concerned about monetary tightening.

Bitcoin is down over 40% from its all-time highs following hints from the Federal Reserve that it may raise interest rates to combat surging inflation. According to the Fed’s minutes from its December meeting, “expectations for a reduction in policy accommodation shifted forward notably” among participants, and that rate hikes may end up coming sooner […]

The post Why Bitcoin and Crypto Are Crashing (Hint: It’s the Fed) appeared first on Coin Bureau.

In their latest report, crypto analytics firm Glassnode says that Bitcoin’s recent market meltdown was driven by a cascade of overleveraged traders getting liquidated, and that newer market entrants bore the brunt of the pain. The firm takes a look at the behavior of both long-term holders (LTHs) and shot-term holders (LTHs) during the market […]

The post Glassnode Looks at causes for Recent Bitcoin Crash appeared first on Coin Bureau.