Is Bitcoin stagnating because of the stock market?.

With every passing day, the angst in the cryptocurrency community grows. Bitcoin's lack of price movement, trading between the $9,000 to $9,500 range for almost two months is now being seen less as a The post Is Bitcoin stagnating because of the stock market? appeared first on AMBCrypto. origin »

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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy.

The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] origin »

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Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch.

Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […] origin »

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