Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Elon Musk shakes crypto market with carbon footprint concerns

Bitcoin sinks to three-month low as Cardano hits all-time highs Fear is gripping the crypto market after comments from Tesla billionaire Elon Musk sparked a 20% sell-off for Bitcoin. Prices fell to a low of $42K on Monday as the billionaire voiced concerns about the environmental impact of Bitcoin mining, before hinting at a sale ofContinue reading “Elon Musk shakes crypto market with carbon footprint concerns”

Bitcoin hits speed bump at $60K as Cardano makes all-time high

Stimulus checks turn crypto market green for St Patrick’s Day As Americans celebrated Saint Patrick’s Day with a feast of $1,400 stimulus checks, the crypto market turned a fitting shade of green. Prices surpassed $60K early in the week, with two out of five stimulus checks landing in the crypto market, according to a recent survey.Continue reading “Bitcoin hits speed bump at $60K as Cardano makes all-time high”

Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin

Ray Dalio, Elon Musk and Mark Cuban weigh in on growing market Bitcoin appeared to hitch a ride on Elon Musk’s rocket on Friday. The cryptoasset soared by 20% to hit $38K as the world’s richest man added #bitcoin to his Twitter Bio, and a record number of options contracts expired. However, despite the spike, soon enough the world’sContinue reading “Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin”

Create your website with WordPress.com
Get started