bitcoin Archives | Modern Consensus.

With coronavirus cases skyrocketing and reopening in retreat, another February/March plunge is plausible (Photo: Roger Brendhagen/Scopio)
Bitcoin
MARKETS REPORT: Bitcoin eyes $9,000 as trader warns institutions are short, fear growing
Coronavirus is back in the spotlight as growing hospital admissions in the U.S. fuel a stocks rout that triggered losses for Bitcoin on Tuesday.
July 14, 2020 /
Having reached local highs of $9,330 on Monday, BTC/USD lost momentum overnight, in step with a dip on Wall Street with Tuesday seeing further losses. Bitcoin thus continues its correlation with macro markets.
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Anthony Bevan
Can bitcoin clear the hurdles between it and $10,000?
Bitcoin, Commentary
MARKETS REPORT The week ahead: Stocks and safe havens combine with record Bitcoin fundamentals
The unusually buoyant equities resurgence continues, and Bitcoin remains sensitive to volatility, while fundamentals give a solid indication of network strength
July 13, 2020 /
Modern Consensus looks at the market forces at play that could make or break the price of Bitcoin this week.
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Anthony Bevan
The mood over the past five days changed almost constantly (Photo: CoinMarketCap)
Bitcoin
MARKETS REPORT This Week in Bitcoin: Stocks and gold spark battle of bulls and bears
Macro shifts set the scene for Bitcoin price fluctuations which took BTC/USD to near $9,500 and all the way back down.
July 10, 2020 /
Bitcoin has gone from bearish to bullish and back again this week. With price action dictated by macro assets — gold and equities — traders and analysts have had to weigh a basket of positives and negatives.
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Anthony Bevan
Gold has been on a tear this year. Can Bitcoin match its pace? (Photo: TradingView)
Bitcoin
Gold is soaring. Will Bitcoin follow?
Gold Hits $1,800 After 9 Years as Bitcoin Challenges Major Resistance at $9,300
July 8, 2020 /
Bitcoin or gold? The debate over the two macro assets looks ready to boil over. Gold is circling its all-time highs against the U.S. dollar, but Bitcoin has yet to show an intention to follow in its footsteps.
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Anthony Bevan