Bitcoin inverse relationship with dollar weakening

The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetary regime, meaning it tends to strengthen when the dollar falls This inverse relationship has softened in recent weeks, as […] The post Bitcoin inverse relationship with dollar weakening appeared first on CoinJournal. дальше »

2023-7-28 18:23

A temperature check on crypto as market eyes end of rate hiking cycle

Key Takeaways The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close Optimism is flowing in crypto markets, which saw crushing losses in 2022 as rates rose swiftly While the Fed has said it no longer forecasts a recession, this could be a double-edged […] The post A temperature check on crypto as market eyes end of rate hiking cycle appeared first on CoinJournal. дальше »

2023-7-28 18:17

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Ripple technical analysis update following last week’s landmark federal ruling

A US federal judge ruled last week that Ripple is a security when sold to institutional investors Ripple’s price jumped by more than 30% Only a close above parity would invalidate the bearish bias Ripple squeezed higher last week following a landmark decision from a federal judge ruling that it is a security when sold […] The post Ripple technical analysis update following last week’s landmark federal ruling appeared first on CoinJournal. дальше »

2023-7-17 13:40

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Cryptocurrencies are back in fashion as the total crypto market cap keeps rising

The total cryptocurrency market capitalization grew by more than 50% in the last six months Investors are optimistic as Bitcoin’s price holds near the yearly high Ethereum, Litecoin, and Ripple have followed Bitcoin higher The first half of the trading year is behind us, and one of the most notable developments is the increase in […] The post Cryptocurrencies are back in fashion as the total crypto market cap keeps rising appeared first on CoinJournal. дальше »

2023-7-5 19:46

Why is Kava dropping? KAVA retraces after its recent rally

Key takeaways Kava is one of the worst performers today after losing more than 8% of its value in the last 24 hours. The poor performance comes as KAVA retraces from its recent rally. Kava recently launched the KAVA 13 upgrade on the mainnet, resulting in the coin rallying by more than 15% earlier this […] The post Why is Kava dropping? KAVA retraces after its recent rally appeared first on CoinJournal. дальше »

2023-5-25 14:31