More Downsides in BTC? If bitcoin fails to clear the $16,800 resistance, there could be more downsides. An immediate support on the downside is near the $16,400 level. The next major support is near the $16,250 zone. A downside break below the $16,250 support might call for a dro
In total this year, Binance Futures had a volume of ~$15 trillion dollars. At an average taker fee of 0.02%, that would be $3 Billion in annual revenue just from trading.
Massive Bitcoin Volatility as US Inflation (CPI) Clocks in at 7.1% For November The CPI numbers for November are in and this cause massive volatility on the crypto market. The United States Bureau of Labor Statistics published the numbers for the Consumer Price Index.
Altcoins Bleeding Out For the second day in a row, the altcoins chart decreases, this time a bit more considerably compared to yesterday. The below heatmap is painted mostly in red, showing the struggles of the altcoin market. BNB, XRP, ADA, MATIC, DOT, and ATOM are all charting.
Dips Limited in BTC? If bitcoin fails to start a fresh increase above the $17,350 resistance, there could be more downsides.
An immediate support on the downside is near the $17,150 level. The next major support is near the $17,000 zone and the 100 hourly simple moving average.
Bitcoin Remains Calm at $17K After Latest US Job Report (Weekend Watch) The US job report, which beat expectations, didn’t result in massive price movements for BTC as it has done in the past. The latest US job report brought some brief volatility for bitcoin, but the asset remai
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