Tags : Dips

Bitcoin

Bitcoin dips below $50,000 even as a “sell-side crisis” emerges

Bitcoin, the world’s largest cryptocurrency by market cap, lost the $50,000 price level this morning amidst a broader sell-off in both equity and crypto markets. It trades at $48,000 at press time and is down -5% compared to yesterday. But despite the fall, data from on-chain analytics platform Glassnode showed that long-term holders were accumulating […]Read More

Bitcoin

Bitcoin Dips on Stronger Dollar Sentiment; Boost Ahead After Fed

Bitcoin prices edged lower on Wednesday, pressured by a stronger US dollar, as markets awaited the US Federal Reserve’s monetary policy outlook and progress around a stimulus deal. Spot BTC/USD fell more than 3 percent in the early Asian trading hours, hitting an intraday low of $31,567 per token. CME Bitcoin Futures eased by as […]Read More