Tags : Volatility

Market

Bitcoin’s Price Volatility May Hamper Its Progress Above $50K, JPMorgan

Bitcoin’s price volatility needs to subside for the cryptocurrency to continue its stellar rally, according to analysts at investment banking giant JPMorgan. In a note on Tuesday reported by Reuters, the analysts drew attention to bitcoin‘s high volatility relative to gold, the classic inflation hedge, as an obstacle to significant gains beyond current levels around […]Read More

Bitcoin

Bitcoin Volatility Declines to 1-Month Low; What to Expect?

Bitcoin expects to undergo major price swings in the coming sessions as its price volatility hits its lowest levels in more than a month. The benchmark cryptocurrency has chartered lower highs and lower lows (wedge) since the beginning of January, and a lack of strong market bias has both bears and bulls scraping for clues. […]Read More

Bitcoin

Bitcoin to See Massive Volatility Due to These Factors

Bitcoin has seen some mixed price action as of late that has made it incredibly confusing as to where it will trend in the mid-term The crypto is seeing some signs of strength today, with its price rebounding off of its recent lows as bulls look to target its $33,000 resistance The bear case for […]Read More

Market

Market Wrap: Bitcoin Hits $34.8K While Ether Volatility Skyrockets

Some bitcoin investors appear to be buying in around $30,000 and taking profits at $40,000, according to one analyst. Meanwhile, ether’s spot market is decoupling from bitcoin and gyrating wildly, according to volatility metrics. Bitcoin (BTC) trading around $32,963 as of 21:15 UTC (4:15 p.m. ET). Gaining 3.5% over the previous 24 hours. Bitcoin’s 24-hour […]Read More