Tags : Ongoing

Bitcoin

Bitcoin Bull Run Faces Exhaustion Risks from Ongoing US Bond

Bitcoin prices printed themselves new record highs all Wednesday, but the cryptocurrency risks finding its potential tipping point against an ongoing US government bonds sell-off. High prices and thin yields on Treasury bonds provided critical support for Bitcoin since the coronavirus-induced global market rout last March. But, against the prospects of higher inflation, yields have […]Read More

Bitcoin

Singapore trading desk explains what is driving the ongoing Bitcoin

Bitcoin has undergone an extremely strong rally over recent months, despite the ongoing drop. The cryptocurrency, which trades for $36,000, is up around 100 percent in the past six weeks, and even more over the past six months. Other cryptocurrencies aside from BTC have also done well. Chart of BTC’s price action over the past […]Read More

Altcoin

3 Reasons Why XRP is Unlikely to Benefit From Ongoing

Despite the fact that all eyes have been on Bitcoin as of late, the hype around a rally in XRP and other altcoins has grown over the past few weeks. After all, Ethereum has embarked on an extremely strong rally against BTC over the past few weeks, retaking support level after support level on the […]Read More