FOMO Traders Beware, Bitcoin’s ‘High-Wave’ Price Action Points to Confusion: Godbole
BTC’s latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
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Bitcoin Price
BTC’s latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
The latest price moves in bitcoin (BTC) and crypto markets in context for November 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for November 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump’s election victory, as bitcoin on Friday surpassed $77,000 for the first time
Crypto exchange Coinbase’s shares closed the day 31% higher, leading gains among digital asset-related stocks.
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.