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4 Reasons Why Bitcoin Dropped
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4 Reasons Why Bitcoin Dropped

We analyze 4 reasons why bitcoin dropped and may dip further.

Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations
bitcoin price

Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations

Federal Reserve officials has agreed to keep interest rates unchanged following 10 consecutive hikes. However, the Federal Reserve hinted that they may consider a rate hike next month if the economy and inflation don't show further signs of cooling down.

Bitcoin’s Realized Price Hit a New All-Time High, Three Factors that Currently Influence BTC Price
bitcoin price

Bitcoin’s Realized Price Hit a New All-Time High, Three Factors that Currently Influence BTC Price

The world’s largest cryptocurrency has seen a massive bull run in the past few weeks, surging past its crucial level above $18k.

Cryptocurrency Has No Inherent Worth, But Creates Trading Opportunities for Businesses, Says Man Group CEO
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Cryptocurrency Has No Inherent Worth, But Creates Trading Opportunities for Businesses, Says Man Group CEO

Luke Ellis, the CEO of Man Group, admitted that cryptocurrencies have no inherent value, but their volatility makes them good trading instruments.

How Likely Will Bitcoin's Price Decouple from the Stock Market?
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How Likely Will Bitcoin's Price Decouple from the Stock Market?

In times of economic uncertainty, Bitcoin has strongly correlated with the stock market.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
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COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership
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OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership

OKEx, a leading Malta-based crypto exchange, has shown its resilience to penetrate the Indian crypto market despite the roaming uncertainties based on its partnership with CoinDCX, the nation’s biggest crypto trading platform.

Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving
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Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving

New data from Glassnode reveals that the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase.

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off
bitcoin price

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

After hitting a high of $58,300 over the weekend, things have turned for the worse as Bitcoin (BTC) has plunged by more than 20% this week.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
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Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
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Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge

The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.

Bitcoin Plummets to $46K after Tesla Refuses Bitcoin Payments
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Bitcoin Plummets to $46K after Tesla Refuses Bitcoin Payments

After Elon Musk's announcement Tesla will no longer be accepting Bitcoin payments due to its environmental footprint, Bitcoin dropped by nearly $10,000.

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