Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics

Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed supply and lack of dividends or earnings means price is entirely demand-driven Thin liquidity in the Bitcoin market exaggerates every move, with 45% of stablecoins […] The post Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics appeared first on CoinJournal. дальше »

2023-4-20 12:46

Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose

Bitcoin’s volatility is a massive problem, writes our head of research, Dan Ashmore The volatility is the lowest since January, but that doesn’t provide much solace with regards to Bitcoin’s actual utility For Bitcoin to deliver on its potential, it needs to become boring, with volatility closer to gold’s famously steady return profile It’s relatively calm in […] The post Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose appeared first on CoinJournal. дальше »

2023-4-19 14:53

Bitcoin vs. Hyperinflation

In this article, we examine the potential of Bitcoin as a hedge against hyperinflation, highlighting real-world cases where cryptocurrencies offer a lifeline in the face of economic turmoil. The post Bitcoin vs. Hyperinflation appeared first on BeInCrypto. дальше »

2023-3-25 22:31

Bitcoin slides off Fed meeting before bouncing back, but what next?

Key Takeaways Federal Reserve hikes 25 bps, Bitcoin drops over 6% Bounceback in prices follow, however, as market bets on rate cuts down the line Bitcoin originally fell to $26,700 and is now back at $27,700 Tight monetary policy appears to be coming to a close, which is exactly what Bitcoin investors want to hear […] The post Bitcoin slides off Fed meeting before bouncing back, but what next? appeared first on CoinJournal. дальше »

2023-3-23 17:14

Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal. дальше »

2023-3-15 17:24

Bitcoin’s “hedge” narrative is dead, as speculative price action continues

Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts with the view that crypto is uncorrelated, proving it false Assessing the price action of crypto through the pandemic and subsequent rate-raising cycle shows an extremely risky asset class that […] The post Bitcoin’s “hedge” narrative is dead, as speculative price action continues appeared first on CoinJournal. дальше »

2023-1-24 16:50