Bitcoin falls to $62k as crypto mirrors stocks crash
Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors reacted to latest economic data and geopolitical tensions in the Middle East. Bitcoin price crashed 10% to trade to near $62k on Thursday as August began on a painful footing for cryptocurrencies […]
Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics
Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed supply and lack of dividends or earnings means price is entirely demand-driven Thin liquidity in the Bitcoin market exaggerates every move, with 45% of stablecoins […]
The Sandbox (SAND/USD) falls further, but you would want to buy based on this Santiment data
The Sandbox token trades at the lowest level in the year Santiment data indicates SAND is at “opportunity zones” We expect the Sandbox token price to sink further until the bear market subsides It continues to be lonely in the metaverse. With few fundamentals and developments coming up, investors are still dumping the metaverse-related tokens. In […]
Bitcoin dips by 2% today as mining difficulty falls by 7.2%
Bitcoin is trading below $17k once again after losing roughly 2% of its value today. Bitcoin mining difficulty is down 7.2%, the biggest drop in more than a year. The total crypto market cap is also down by nearly 2% in the last 24 hours. Bitcoin mining difficulty dips by 7.2% Bitcoin, the world’s leading […]