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  • dips-be-damned,-el-salvador-is-stronger-because-of-bitcoin
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    Dips be damned, El Salvador is stronger because of Bitcoin

    Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities and solving problems the country has historically faced. Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a failure, with some pundits going as… More

  • bitcoin-price-falls-under-$21k-as-traders-send-84k-btc-to-exchanges
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    Bitcoin price falls under $21K as traders send 84K BTC to exchanges

    Volatility claims many a late long position with BTC price action failing to preserve support from recent days. Bitcoin (BTC) fell further after the Sept. 13 Wall Street open as the dust settled on unexpectedly high United States inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price eyes 9% daily lossesData from Cointelegraph Markets Pro and… More

  • bitcoin-price-sheds-$1k-in-3-minutes-as-us-cpi-inflation-overshoots
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    Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots

    Bitcoin’s 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market. Bitcoin (BTC) crashed below $22,000 instantly on Sept. 13 after United States inflation data failed to meet estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI print sparks major crypto routData from… More

  • bitcoin-price-cracks-$21k-as-trader-says-btc-buy-now-‘very-compelling’
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    Bitcoin price cracks $21K as trader says BTC buy now ‘very compelling’

    Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open. Bitcoin (BTC) circled $21,000 at the Sep. 9 Wall Street open as newly-won gains endured. Meanwhile, the total cryptocurrency market capitalization has crossed back above the $1 billion mark. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price… More

  • bitcoin-squeezes-past-$20k-on-us-dollar-dip-as-btc-price-gains-8.7%
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    Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%

    A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts. Bitcoin (BTC) bounced past $20,000 on Sept. 9 as a much-anticipated “short squeeze” took hold.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC could go to $25,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD… More

  • us-dollar-smashes-yet-another-20-year-high-as-bitcoin-price-sags-2.7%
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    US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%

    There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength. Bitcoin (BTC) faced familiar pressure on the Sept. 1 Wall Street open as the U.S. dollar hit fresh two-decade highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: DXY could hit 115 before ‘slowdown’Data from Cointelegraph Markets Pro… More

  • bitcoin-price-dips-14%-in-august-as-trader-warns-of-‘macro-drop-down’
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    Bitcoin price dips 14% in August as trader warns of ‘macro drop down’

    Bias is trending towards ever lower levels for Bitcoin after BTC price performance fails to preserve $20,000 at the August close. Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly candle “doesn’t look good”Data from Cointelegraph Markets Pro and TradingView confirms… More

  • rocky-road-lies-ahead,-but-here’s-5-altcoins-that-still-look-bullish
    in , ,

    Rocky road lies ahead, but here’s 5 altcoins that still look bullish

    Bitcoin price looks set for more downside, but this could present trade opportunities in MATIC, ATOM, XMR and CHZ. The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency… More

  • bitcoin-mining-difficulty-set-for-8-month-record-gains-despite-btc-price-dip
    in ,

    Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

    Bitcoin network fundamentals seem not to care about spot price weakness, with both difficulty and hash rate making an impressive recovery. Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish.The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap gains.Data… More

  • bitcoin-price-briefly-falls-below-$20k-on-‘bunch-of-nothing’-powell-speech
    in ,

    Bitcoin price briefly falls below $20K on ‘bunch of nothing’ Powell speech

    Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000. Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSub-$20,000 BTC price targets stay in placeData from Cointelegraph Markets… More

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