Oil Crisis to Impact Bitcoin Miners Through Price Volatility, Say Analysts
Rising oil prices will impact bitcoin miners more through cryptocurrency volatility than increased electricity costs, according to Hashrate Index.
Oil Crisis to Impact Bitcoin Miners Through Price Volatility, Say Analysts
Rising oil prices will impact bitcoin miners more through cryptocurrency volatility than increased electricity costs, according to Hashrate Index.
On-Chain Data Shows Bitcoin’s Limited Growth Potential
Bitcoin has weathered geopolitical tensions, but on-chain metrics indicate a lack of bullish momentum for a mid-term breakout, according to Glassnode.
Bitcoin tests $71,000, defying analysts’ expectations
Bloomberg strategist Mike McGlone reaffirmed his forecast that bitcoin could still plunge to $10,000.
US inflation matches forecasts as bitcoin nears $71,000
In February the US consumer-price index held steady at 2.4%. Bitcoin jumped 2.3% to $71,000.
Resilient bitcoin and a firm dollar: how the conflict in Iran reshaped markets
A week into the Middle East conflict, global markets are still digesting the escalation.
Bitcoin recovers weekend losses, tests $70,000
On 10 March, bitcoin rose above $70,000, recovering the weekend’s decline.
CryptoQuant says surging oil is a headwind for bitcoin
Surging oil could stoke inflation and create a hostile backdrop for crypto, warned CryptoQuant analyst Darkfost.
Bitcoin’s Brief Dip to $65,700 Amidst Macroeconomic Factors
On March 9, the price of the leading cryptocurrency briefly fell to around $65,700. Experts are divided on the market's future trajectory.
Bitcoin fails to hold above $70,000
Bitcoin’s rally above $70,000 faded quickly, and analysts warned of the potential for a deeper pullback.
Five-Year DCA Strategy Yields 72% Net Profit for Bitcoin Investors
Consistently purchasing the leading cryptocurrency for a fixed amount yields double-digit returns over five years.We use cookies to improve the quality of our service.
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