26.8 C
New York

Tag: pullback

Boba Network Price Prediction 2022 — Will BOBA Hit $5 Soon?

Boba Network Price Prediction 2022 — Will BOBA Hit $5 Soon?

Bullish BOBA price prediction is $1.7433 to $2.9954. The BOBA price will also reach $5 soon. BOBA’s bearish market price

The post has appeared first on thenewscrypto.com

Will the Upcoming Week Turn the Tables for Bitcoin? This Could be the Target for BTC Price!

Bitcoin

The post Will the Upcoming Week Turn the Tables for Bitcoin? This Could be the Target for BTC Price! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the Quarter-end is approaching very close, huge volatility may be expected to record either a bearish or bullish close. The star crypto, Bitcoin has diminished price variations to a large extent from the past couple of days. Moreover, the asset is unable to clear the mandatory levels along with $39,500, despite multiple attempts. Therefore, …

Commodities and Cryptos: Oil remains volatile, Gold tumbles, Bitcoin below $40k

Oil Crude prices tentatively turned negative after Russian President Putin saw “certain positive shifts” in talks with Ukraine. Oil will remain a volatile trade as the headlines regarding the war in Ukraine and Iran nuclear talks will keep traders on edge.  Optimism for a Russia-Ukraine ceasefire is driving crude prices lower but that might not […]

Peter Schiff Attempts to Prove Why “Bitcoin Isn’t Digital Gold” Following Plunge Below $40k

Bitcoin Interest Spikes in China as Traditional Investment Channels Plunge
Bitcoin has often been compared to gold, earning itself the moniker "digital gold" or "gold 2.0" for its price performance over the years.

Bitcoin’s Biden Spike Gone, Price Reverses Following 8% Gain

Bitcoin (BTC) has retraced significantly today, a day after recording an 8% gain in response to President Biden’s executive order. Bitcoin, like the rest of the crypto market, is under pressure, falling more than 5% and falling below $40,000 levels. Bitcoin is currently trading at $39,324 with a market worth of $745 billion as of press time. Bitcoin Slumps After Gain Bitcoin reversed direction, while the euro’s two-day rally came to a halt, as investors awaited the European Central Bank’s (ECB) response to the gathering storm of high inflation and poor growth. According to TradingView data, the top fell to $39,000 during Asia hours, nearly reversing Wednesday’s 8 percent rise caused by US President Joe Biden’s crypto executive order. Laurent Kssis, a crypto exchange-traded fund expert and director of CEC Capital, said: “Market dropped again around 1:30 UTC during the Asian trading on long liquidations washouts which are still dominating the leverage markets. Any potential of a pullback seems futile due to the selling pressures these liquidations create.” Despite the fact that the crypto executive order boosted the crypto market, concerns about growing inflation remain. The entire focus will be on the approaching U.S. inflation, which is expected to rise due to the current geopolitical situation. Historically, the Federal Reserve (Fed) has had the most influence on cryptocurrency markets, whereas ECB rate decisions have had little to no impact. According to one observer, Thursday’s announcement is critical. Related article | Bitcoin Aims For $48K? BTC Reacts Upward To U.S. Inflation Report Griffin Ardern, a volatility trader from crypto-asset management company Blofin noted: “At present, we already know that the Fed will raise interest rates, so no matter how the U.S. market changes, this thing will happen. The most considerable influence at the moment may be the hawkishness of the European Central Bank this week.” The ECB is expected to publish its monetary policy decision on Thursday, March 10 at 12:45 GMT. Christine Lagarde, President of the European Central Bank, will hold a press conference at 13:30 UTC, 45 minutes following the ECB’s policy announcement. “Any unexpected move by the ECB could trigger a fall in the market,” Ardern added. BTC/USD trades at $39k. Source: TradingView Consumer prices in the United States rose 7.9% last month, the largest increase in more than three decades. This growing inflation data has put a significant amount of pressure on risky assets such as Bitcoin and stocks. As a result, Bitcoin has experienced significant volatility in recent months. Bitcoin has risen above $40,000 twice in the last month, but it has not been able to maintain this level for long. The volatility is likely to persist, knowing that the Federal Reserve of the United States can raise interest rates faster than predicted in the face of surging inflation figures. Related Reading | Battle Of The Hedges: How Gold And Bitcoin Have Performed With Russia-Ukraine Conflict

Thorchain(RUNE), OMG Network(OMG) Synthetix (SNX), Decouple From the Market Sentiments To Surge High!

rune,snx,omg

The post Thorchain(RUNE), OMG Network(OMG) Synthetix (SNX), Decouple From the Market Sentiments To Surge High! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Thorchain(RUNE)  The RUNE price maintained a consolidated trend for nearly a month. Further, it underwent a decent jump, on the very first day of March. Moreover, the price ignited a flip after trending within a notable bearish channel from the past couple of days. The price recorded a 35% jump since the early trading hours …

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

ADA Price Prediction: Price Sustains Above $0.85, Is Next Target $1.0?

ADA price rose sharply on Wednesday bucking up the previous session’s downside momentum. Cardano paused the pullback in the previous session and extended the gains today. The current price action set the background as bulls get ready for the rally to $1.0. ADA price trades higher in synchronization with the broader crypto market. The price

The post ADA Price Prediction: Price Sustains Above $0.85, Is Next Target $1.0? appeared first on CoinGape.

Oil down 10% from Sunday’s high, gold pivots at USD 2000

Oil  Crude prices are declining after Ukraine President Zelensky signaled he has ‘cooled down’ regarding the question of Ukraine joining NATO and as optimism grows that the economic impact of sanctions is weighing on the Russian economy and that President Putin might try to avoid a long war. Adding to the earlier selling pressure was […]

Oil volatile, gold drops below USD 2000

Another volatile session for oil It’s been another incredibly volatile day in the oil market, with Brent crude at one point rising a few percent before reversing course to trade down more than 5% on the day. This comes as it continued to see resistance around USD 130 following the US and UK decisions to […]

Gold – Record highs on the way?

Pullback may be brief Gold came within a whisker of record highs on Tuesday and it may not be done there. The yellow metal is a traditional safe haven and inflation hedge, which makes it perfect in highly uncertain times like this. Not only is the world already desperately trying to get to grips with […]

Cardano Flashes Bullish Signals, Yet Bears Not in Favour of ADA Price Rally 

adasurge (1)

The post Cardano Flashes Bullish Signals, Yet Bears Not in Favour of ADA Price Rally  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto space witnessed yet another slight pullback. May be due to the rounds of US President Joe Biden undertaking more tough regulations on the crypto space. However, after a slight plunge, the market again recovered. Hence compelling the ADA price also to uplift from the danger zone. While Cardano appears to be sure of …

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Recent articles

spot_img