Trade

Bitcoin Below $9K as Us-China Tensions Dent Risk Sentiment

Bitcoin Below $9K as U.S.-China Tensions Dent Risk Sentiment

Bitcoin sold off again at $9,000, as investors expected the launch of a new U.S.- China trade war on top of the market-shattering coronavirus pandemic. The cryptocurrency benchmark dropped 3.09 percent on Monday, a day after it peaked at $9,203, to hit its intraday low at $8,633 in early trading; The downhill step reflected the […]

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

The price of Bitcoin increased over a 24-hour span by more than 10 percent, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC shows all three signs that the upsurge was a trap for bulls. Before the rebound, negative futures funding levels, Bitcoin altcoins struggling to run front. And the BTC […]

Bitfinex Made a $1.1Billion BTC Trade for Just $0.68

Bitfinex traded 161,500 Bitcoin (BTC) on April 10 for a price of just 0.00010019 BTC i.e. approximately $0.68 and the crypto community noticed it. According to reports of the blockchain transaction. At the time of the press, the customer exchanged around $1.1 billion in the cryptocurrency. For that number, 15,000 BTC sent to a wallet. While the […]