Bitcoin price falls as global recession and AI bubble fears send investors scrambling
Bitcoin’s price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble. Go to Source
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3 reasons why Bitcoin (BTC) struggles to hold $64.5K
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment. Go to Source
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran … Read more
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level. Go to Source
Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low
Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side Go to Source
Bitcoin price loses steam, but futures markets forecast upside above $70K
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level. Go to Source
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare? Go to Source
Bitcoin price holds steady as S&P 500 plunges to 110-day low
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path? Go to Source
Bitcoin investors are bullish on the US Fed’s $100B loss
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies. Go to Source
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Go to Source Powered by WPeMatico
