ECONOMIC INDICATORS - Trade Savi - 360-degree view on crypto market

CRYPTO MOVERS ECONOMIC INDICATORS EQUITY MOVERS RATE DECISIONS

Bitcoin price drops as profit taking and significant sell wall hinders rally, analyst says

Bitcoin is facing resistance near the $100,000 mark due to profit-taking and a stack of sell orders worth $384 million, an analyst said.

theblock.co • 02/12/2024 - 12:45 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitwise analyst cautions dollar strength could hinder bitcoin breakout, despite it nearing $100,000

Despite bitcoin rebounding above $98,000, a strengthening U.S. dollar could pose a headwind for further gains, an analyst said. Expectations of a more hawkish Bank of Japan move increases risk of a yen carry trade unwind, which puts further volatility for risk assets, they said.

theblock.co • 29/11/2024 - 15:28 PM

CRYPTO MOVERS ECONOMIC INDICATORS

Analysts claim crypto capital rotation is driving Ethereum, Cardano and Solana gains

Capital is flowing out of Bitcoin and into altcoins, according to QCP Capital analysts — with Ethereum, Cardano, and Solana seeing gains of 5%, 9%, and 4%, respectively, in the past 24 hours. Bitcoin’s increase was more modest at 1.5%. The shift in market sentiment is highlighted by a 13% jump in the ETH/BTC ratio, which has recovered from a low of 0.0318 last Thursday to 0.0371 today.

theblock.co • 27/11/2024 - 15:31 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitcoin pulls back as reduced US Treasury term premium weighs on sentiment, says Standard Chartered analyst

Bitcoin’s price has declined by over 3% in the past 24 hours. According to Standard Chartered’s Geoff Kendrick, bitcoin’s price decline from its recent all-time high can be attributed to shifts in U.S. Treasury markets, which could temporarily weaken its appeal as a hedge.

theblock.co • 26/11/2024 - 16:07 PM

2024 ELECTIONS CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitcoin's correlation to gold hits 11-month low amid capital reallocation, analysts say

Gold has decreased by 5% while bitcoin has surged over 20% post-U.S. election, indicating a shift in investment trends and perceptions of safe-haven assets.

theblock.co • 13/11/2024 - 11:36 AM

2024 ELECTIONS CONGRESS CRYPTO MOVERS ECONOMIC INDICATORS MEMECOINS

Trump’s election and surging Solana memecoin activity set positive tone for crypto markets, say Coinbase analysts

Coinbase analysts are optimistic about the crypto market due to favorable economic conditions and pro-crypto candidates, highlighting Solana’s growth in memecoin trading as a major contributor.

theblock.co • 08/11/2024 - 17:08 PM

2024 ELECTIONS CONGRESS CRYPTO MOVERS ECONOMIC INDICATORS

Crypto market cap could triple by end of 2026 with Republican sweep of US Congress: Standard Chartered analyst

Republicans gaining Congress control could triple cryptocurrency market cap to $10 trillion by 2026, driven by favorable policies, with significant growth in crypto gaming and tokenization.

theblock.co • 08/11/2024 - 16:54 PM

BITCOIN ECONOMIC INDICATORS

Bitcoin trades above $70,000 for first time in over seven months

Bitcoin surges past $70,000 for the first time in seven months, driven by SEC ETF approvals, federal rate cuts, and political factors amid rising investment inflows.

theblock.co • 28/10/2024 - 22:56 PM

2024 ELECTIONS BITCOIN DONALD TRUMP ECONOMIC INDICATORS FEDERAL RESERVE RATE DECISIONS

US elections could trigger a 'Minsky moment' bond market crash as Paul Tudor Jones bets on bitcoin: analysts

Presto analysts warn U.S. elections may trigger a bond market crash, impacting assets like bitcoin, driven by rising debt levels and heightened fiscal promises from candidates.

theblock.co • 23/10/2024 - 13:54 PM

CRYPTO MOVERS ECONOMIC INDICATORS EQUITY MOVERS

Ethereum funding rates surge heightens risk of long-leverage washout, analyst says

Ether's perpetual futures funding rates increase raises concerns of over-leveraged sell-offs, fueled by market dynamics and geopolitical tensions, potentially leading to sharp downturns.

theblock.co • 16/10/2024 - 17:11 PM

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