Forecasts & Analysis |
How Can Inflation Affect Cryptocurrencies like Bitcoin and Ethereum?
Inflation heavily affects the macro price movement of traditional markets, but many consider the crypto market and bitcoin to be ‘inflation-proof.’ So, how much truth does the same hold?
Your Crypto Brew: Stablecoin Woes, Unfavorable Macro Flows Weigh on Crypto
Amid continued focus on stablecoin woes and against an unfavorable macro backdrop, the crypto market crunch has continued on Thursday.
Bitcoin Stabilised but Has Trouble to Reverse Strongly
Although Bitcoin managed to close Tuesday’s trading with a proper strengthening, a powerful offensive did not happen, as bull buying was choked again by stock market pessimism.
Bitcoin Needs to Hold Support to Avoid Severe Sell-off
In the last seven days Bitcoin has shed approximately 25% of value, if it fails to hold onto current support at roughly $29,000, Bitcoin could be in for an even worse week ahead.
Crypto Markets Shed Over $280Bn in Five Days, Bitcoin Hits Lowest Since July 2021
Cryptocurrency markets are down $280 billion in just five days and bitcoin is at its lowest since last July.