Bitcoin, Ether rise, top cryptos mixed, as investors await SEC response to Bitcoin ETF applications

Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while most of the top altcoins were mixed, as investors await the U.S. Securities and Exchange Commission’s (SEC) response to spot Bitcoin ETF applications. See related article: Weekly Market Wrap: Bitcoin breaches US$31,195 following Fidelity’s spot Bitcoin ETF application Bitcoin, Ether rise, top 10 […]

• 2023-07-06
• price of Bitcoin

Bitcoin Rises, Then Drops Below $27,000, and Then Rises Again After CPI Report

Bitcoin experienced a roller coaster ride on Wednesday, with the price of the cryptocurrency fluctuating wildly over the course of the day.

• 2023-05-11
• price of Bitcoin Bitcoin bitcoin price roller coaster ride CPI

Weekly Market Wrap: Bitcoin retreats below US$22,000 after a record January. Is the strong start to 2023 reversing?

After the strongest January price increase since 2013, Bitcoin gave up some of its gains this week to dip below the US$22,000 support line on Friday. The crypto market was buffeted by bearish comments on interest rates by U.S. Federal Reserve officials this week, along with concerns about a regulatory crackdown. Is this the start of a downtrend, a healthy correction, or the beginning of a so-called “crab” market moving sideways?

• 2023-02-10
• price of Bitcoin Jonas Betz quantitative trading price ceiling price levels chief executive officer