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Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May, the CoinDesk reported on April, 29. Bitcoin (BTC) declined from a high of $40,200 during the New York trading day, tracking losses in stocks. Most alternative cryptocurrencies (altcoins) underperformed bitcoin on Friday, indicating a lower appetite for risk […]

Stocks May Push Bitcoin to $10.8K, Says Trader as USD Bull Run Falters

The U.S. dollar currency index caps six days of gains with fresh resistance, while stocks could give Bitcoin a fresh boost, says Michaël van de Poppe. Bitcoin (BTC) may get a “relief” rally closer to $11,000 as stock markets recover and concerns remain over the U.S. dollar. In a tweet on Sep. 8, Cointelegraph Markets analyst Michaël van […]

Stocks Crash Can Stop $11.3K Bitcoin Price ‘In Its Tracks’

In its latest weekly report, Glassnode warns that despite strong network fundamentals, Bitcoin remains at risk of a macro-induced plunge. Bitcoin (BTC) is showing all the signs of further price gains but macro markets could still bring the bull run to an end, says Glassnode. In its latest weekly update, The Week On-Chain, the analytics firm […]

Crypto Markets See Gentle Green, US Stocks Edge Lower at Opening Bell

Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 1.4% on the day and is trading at $5,455 by press time, according to […]