Why Bitcoin is in a speculative bubble

2023-6-5 12:30

Bitcoin's blocks were reaching maximum capacity. Miner revenue declined while hash rate increased. Since reaching the $30,000 price threshold, the price of Bitcoin [BTC] has been the subjectThe post Why Bitcoin is in a speculative bubble appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 71283.59 (+0.10%)
Объем 24H $26.413b
Изменеия 24h: 0.61 %, 7d: 4.71 %
Cегодня L: $70824.16 - H: $71321.29
Капитализация $1404.864b Rank 1
Цена в час новости $ 26779.69 (166.19%)

bitcoin reaching bubble price speculative btc threshold

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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […]

2020-5-30 23:00


Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […]

2020-5-30 22:47


Controversial Bitcoin Contract Leads To Heated Debate: Could It Kill The Cryptocurrency?

Because of Bitcoin‘s speculative nature, the asset potentially reaching prices of $1 million per BTC is just as feasible as the cryptocurrency falling to zero. And while Bitcoin has shown resiliency in the past against all odds, a new controversial contract has lead to a heated debate on if it could lead to the untimely...

2020-5-22 20:30