• Bitcoin price rally tracks stocks
    Monday’s Bitcoin rally in China’s Stock market, after BTC barely avoided breaking below 9,000 on Sunday [times in UTC] (Photo: TradingView).
    Bitcoin

    Monday Bitcoin price rally tracks stocks, hides weak performance

    Bitcoin still dances to the tune of macro markets; analyst predicts BTC $190,000 if the S&P 500 cracks 4,000

    July 6, 2020 /

    A push to $9,200 fuelled by stock market optimism hides otherwise weak price performance in Bitcoin, with no end to the correlation in sight. Bitcoin faces a major test at the start of a new week’s trading, as an unlikely global stock market rally contrasts with rising uncertainty over COVID-19.

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  • If cryptocurrencies traded on a physical market, this is what it would look like right now (via Wikipedia)
    Alt coins,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Ripple

    This is not a drill: Cryptocurrencies are crashing

    The dreaded c-word can now be applied to some of the largest cryptocurrencies

    January 16, 2018 /

    With the major selloff in cryptocurrencies Tuesday, it’s time to call it what it is: a crash. Although prices are still generally higher than where they were only a couple of months ago, five of the six largest cryptocurrencies are down by 40 percent or more from their all-time highs, including the market leader, Bitcoin. Ethereum is off by 24 percent. Tuesday’s declines were attributed to a drop in volume from South Korea and Japan as an internal memo at China’s central bank calling for further crackdowns on cryptocurrencies was reported by Reuters. Currency Price (as of 17:20 UTC on 1/16/18) All-Time High All-Time High Date % Difference Days Bitcoin (BTC)…

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