Michael Burry’s Influence on Bitcoin Price
According to a filing, US investor Michael Burry placed a substantial wager on the decline of US stock prices. At a time when the crypto market is putting traders’ patience to the test due to Bitcoin’s protracted sideways movement, American investor Michael Burry recently predicted a bear run for the U.S. stock markets. Scion Asset […]
Today on Bitcoin (BTC) Price Analysis
Nearly 1.72 million Bitcoin were transferred between $29,500 and $30,200 in the last 24 hours, which could serve as a formidable resistance. The largest cryptocurrency in the world has remained rangebound for over a week, with the BTC price currently dabbling with $30,000 levels. However, investors remain uncertain about where the BTC price will head […]
Bitcoin Price Maintains $30k Support
Support at $30,000 remains essential for Bitcoin, with a possible increase to $33,000 and then a $38,000 price. The Bitcoin price rises above $30,000 as crypto market consolidation intensifies. On the other hand, investors eagerly await the publication of the US Consumer Price Index (CPI), a reputable indicator of inflation. This index will help the Federal Reserve […]
Core Scientific Sells 7,202 BTC From Its Bitcoin Holdings
The world’s largest public Bitcoin miner Coin Scientific Sells 7,202 BTC which is approximately 79% of Its Bitcoin holdings Core Scientific sold 7,202 BTC in June Core Scientific, the largest publicly traded mining corporation, released its first-half 2022 results. Particularly noteworthy was the fact that the miner sold 7,202 BTC in June for an average […]
Bitcoin (BTC) Recovers From $18,000 Range, Now Back At $19,000
Bitcoin (BTC) briefly broke into the $18,000 range before slightly recovering back to the $19,000 mark as the crypto market remains unstable Bitcoin is Red On the cryptocurrency market, Bitcoin is performing poorly for the fifth day in a row, losing over 12% of its value in a week, which caused a plunge below $19,000—a […]