Topic: bitcoin news

Bitcoin rallies 9% in tandem in US stocks amid easing Evergrande debt default tensions

Bitcoin rallies 10% in tandem with US stocks amid easing Evergrande debt default tensions

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BTC/USD pair recovered from bearish depths along with US and European stocks. Easing concerns about a potential debt default by Evergrande fuelled the rally. Federal Reserve’s tapering decision and potential interest rate hike in 2022 didnt affect markets. Bulls must close above $46,441 for Bitcoin to resume a sustained rally. JAIPUR (CoinChapter.com) – Bitcoin rose […]

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Growing Bitcoin US stocks correlation amid Evergrande selloff disputes BTC's digital gold narrative

Growing Bitcoin US stocks correlation amid Evergrande selloff disputes BTC’s digital gold narrative

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Bitcoin behaved more like a risk-on asset quite similar to stocks deviating from its digital gold narrative amid the recent Evergrande led global market sell-off. The correlation between the BTC/USD pair and US equities reached its highest level this year.

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Wall Street bigshots enter Bitcoin and crypto markets amid bullish BTC signs

Wall Street bigshots enter Bitcoin and crypto markets amid bullish BTC signs

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Prominent Wall Street trading firms Jump Trading, GTS, and Jane Street look to bump up their Bitcoin and cryptocurrency trading offerings, amid bullish long-term prospects signaled by BTC and the cumulative digital asset market.

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Bitcoin inches up BTC traders flip bullish on the back of positive CPI data

Bitcoin inches up as BTC traders flip bullish on the back of positive CPI data

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Bitcoin resumed its uptrend nearing $47,000, as bullish daytraders swapped the US dollar for the cryptocurrency en-masse. Buyers assessed the diminishing rate of consumer price rise in the United States and Bitcoin’s oversold conditions to place long bids on the BTC/USD pair. As a result, prices rose 6% from $44,154 to $46,823 on Tuesday.

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Bitcoin dips amid death cross occurrence and USD rally but bullish catalysts prevail

Bitcoin dips on death cross alert and dollar rally; is it a buying opportunity?

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A death cross setup and a soaring US dollar triggered a 4.5% drop in Bitcoin’s price on Monday. But even with the BTC/USD pair slipping from $46,403 to $44,295, a flurry of bullish factors signaled a long-term uptrend for the top cryptocurrency.

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Bitcoin ticks above $50,000 as US labor market growth stalls amid Delta variant concerns

Bitcoin ticks above $50,000 as US labor market growth stalls amid Delta variant concerns

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Bitcoin resumed its uptrend above $50,000 after US job growth stalled in August. The US economy added a mere 235,000 jobs last month compared to July’s stellar addition of 943,000 jobs.

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5 reasons why Bitcoin has rebounded from below $30K to $50K in a month

5 reasons why Bitcoin has rebounded from below $30K to $50K in a month

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Bitcoin erased bearish concerns by printing a 44% upside move from lows near $28,000 to $50,000 in a month. A flurry of bullish indicators fuelled BTC/USD spot pair’s aid rebound.

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Major Bitcoin long squeeze anticipated as bulls build positions against falling BTC prices

Major Bitcoin long squeeze anticipated as bulls build positions against falling BTC prices

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Analysts predicted a long squeeze scenario for Bitcoin amid a significant rise in open leveraged long positions in BTC/USD futures markets.

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Bitcoin looks bullish as BTC tops $50,000 ahead of Fed's Jackson Hole meeting

Bitcoin looks bullish as BTC tops $50,000 ahead of Fed’s Jackson Hole meeting

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Bitcoin prices topped $50,000 on Monday. The top cryptocurrency’s rally came amid Bullish speculators anticipating a dovish outcome of the Fed’s next Jackson Hole meeting.

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Bitcoin rally stalls at $45K as Senate approves anti-crypto infrastructure bill

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YEREVAN (CoinChapter.com) — A recent run-up from $29,000 to over $46,000 in the Bitcoin (BTC) market stalled Tuesday as investors assessed the US Senate’s approval of a $1tn infrastructure bill.

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Coinbase whales behind the latest Bitcoin bull run towards $47K, data suggests

Coinbase whales behind the latest Bitcoin bull run towards $47K, data suggests

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Institutional believers in Bitcoin’s long-term prospects were found to engage in heavy accumulation through Coinbase Pro, data says. “Coinbase whales” scooped up the top cryptocurrency in large numbers during January 2021 as well.

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Gold flash crashes as Bitcoin continues bullish trend

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Asian stock exchange open see Gold prices plummet to as low as $1,677.0 from the Friday close of $1,761.50, almost $100 lower.

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Bitcoin price taps $42,000 amid strong whale accumulation, will BTC hit $50,474 next?

Bitcoin price taps $42,000 amid strong accumulation trend, will BTC hit $50,474 next?

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Bitcoin finally printed a green candle above the crucial $41,000 resistance level in Saturday’s morning trading session. Explosive buying pressure in the previous session pushed the BTC/USD exchange rate upwards by 10% from $38,290 to $42,400.

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