Tags : Reclaims

Bitcoin

Bitcoin Reclaims $1 Trillion Market Cap: What’s In Store?

Earlier today, Bitcoin rose to its highest level since late February and regained its $1 trillion market cap. Recently, Bitcoin was unable to break key resistance at $50,000, as it failed to find support over its 50-, 100-, and 200-day SMA points on the 4-hour time frame. With continued institutional buying, however, Bitcoin was able […]Read More

Bitcoin

Bitcoin Reclaims $30,000 After Fed Keeps Policy Steady; What’s Next?

Bitcoin prices reclaimed $30,000, a psychological support level, hours after slipping below it during the New York session Wednesday as investors assessed Jerome Powell’s decision to keep the Federal Reserve’s dovish policies steady. The US central bank chief asserted that his office would hold the benchmark interest rates near zero while purchasing government and corporate […]Read More

Bitcoin

Bitcoin Reclaims $36,000 amid Global Markets’ Re-Risking; What’s Next?

Bitcoin advanced Tuesday after falling 8.5 percent in the previous session, displaying bullish continuation signs amid global re-risking sentiment. The benchmark cryptocurrency touched an intraday high above $36,500, up 21.35 percent from its week-to-date low near $30,000. Traders flocked back into the market after sensing short-term buying opportunities near the said local bottom. In doing […]Read More