Bitcoin's cost basis metric signals 'macro bullishness'

2020-6-18 12:30

The world's largest cryptocurrency by market cap as well as price, Bitcoin was found to be undervalued. Over the last couple of months, Bitcoin underwent impressive rallies accompanied by some severe The post Bitcoin's cost basis metric signals 'macro bullishness' appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 66544.43 (-0.10%)
Объем 24H $12.713b
Изменеия 24h: 0.51 %, 7d: -4.36 %
Cегодня L: $66040.86 - H: $66714.57
Капитализация $1311.799b Rank 1
Цена в час новости $ 9434.86 (605.3%)

bitcoin bullishness macro cost signals basis metric

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Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC price breakout anticipated while LTC exhibits bullishness

The cryptocurrency market went on a big sprint, with the market cap climbing all the way to $191 billion, prompted by Bitcoin’s rally beyond $6,000. As BTC continued to outperform the altcoins, its silver counterpart, Litecoin [LTC] failed to gain significant upward movement in its valuation and was trading below $80.

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Bitcoin’s Bullishness at an Extreme: A Look at the BTC Recent Price Action

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As crypto has nosedived, mainstream financial media outlets, like Bloomberg and CNBC, have interestingly escalated their coverage of this juvenile market. While CNBC has evidently sensationalized Bitcoin’s dismal performance, circulating a Fast Money segment misleadingly titled “Cryptos [Are] In a Financial Crisis,” Bloomberg’s Joe Weisenthal recently began a push to bring some rational thinking to.

2018-11-23 00:30