Tag: Crypto

Bitcoin Bear Market Is Still Here, and BTC Could Plunge Under $50K: Analysts Warn

After a solid multi-day run, the primary cryptocurrency lost momentum again, dipping below $70,000. Numerous analysts caution that the bears still control the market, expecting much more substantial price declines in the near future. Where’s the Bottom? The recent FOMC meeting, and especially Chairman Jerome Powell’s subsequent speech, poured...
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Why Is Bitcoin Outperforming Gold After The Fed Stayed Hawkish?

Bitcoin (CRYPTO: BTC) is down 2% compared to gold sliding 4% after the Federal Reserve delivered hawkish signals, an unusual reversal as Bitcoin typically underperforms the precious metal during risk-off moves. The Unusual Outperformance Positioning may explain the divergence as gold surged 90% over the past year and hit...
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Why Did Bitcoin Fall Less Than Gold After Hawkish Fed? Down 1% vs 2%

Bitcoin (CRYPTO: BTC) is down 2% compared to gold sliding 4% after the Federal Reserve delivered hawkish signals, an unusual reversal as Bitcoin typically underperforms the precious metal during risk-off moves. The Unusual Outperformance Positioning may explain the divergence as gold surged 90% over the past year and hit...
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