bitcoin / 326 posts found
Bitcoin isn’t an inflation hedge, and it hasn’t been for a long time, Bank of America says
Bitcoin Bitcoin isn’t inflation hedge, store of value, Bank of America says | Fortune You need to enable JavaScript to view this site. Read More
Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low
Bitcoin After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and PlanB, are bullish on the bullish trend, with the Bitcoin price currently holding above $39,000. In a tweet on May 4, on-chain data provider Santiment published historical data showing a 20% rally as a result of BTC transactions is negative at the same […]
Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming?
With the price of bitcoin still trading below $40,000, institutional inflows into the digital asset have slowed significantly. This has now flowed into other digital assets in the space. But what is most significant is the outflow rate which has neared one-year lows. Bitcoin Outflows Grows For the past couple of weeks, the rate at which institutional investors have been pulling money out of bitcoin has been on an accelerated timeline. This is what has culminated in the outflows that were recorded for the digital asset last week. In the space of a week alone, bitcoin had seen the majority […]