Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […]

Bitcoin price surges to $26K as bulls react to CPI data

Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12 months in February. On-chain data suggests BTC price could rally to $30,000 in the short term. Bitcoin rose sharply on Tuesday, breaking past $26,000 as the crypto market reacted positively […]

FLOSHIDO was born to challenge all meme tokens!’’

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BTC invalidates double top formation

Bitcoin price rose to around $22,600 on Sunday after rallying 11% from below $20,000.  Technical analyst Rekt Capital says Bitcoin has cancelled a double top formation. A successful retest of $21,700 zone could see BTC continue short term upside recovery. Bitcoin has retested the $22,600 level after dropping sharply to trade under $20,000 last week. […]

Bitcoin price breaks below $20K amid crypto selloff

Bitcoin price fell below $20,000 for the first time since November 2022. The top crypto asset by market cap dumped amid broader selloff for cryptocurrencies, largely fueled by negative news. Among other news, the New York Attorney General has sued KuCoin over offering of unregistered securities, with Ethereum named as one of the securities. Bitcoin […]