The Bitfinex Alpha report noted that despite some brief turbulence last week, Bitcoin ended November on a high note. BTC experienced its biggest pullback since the U.S. election, falling 8.64% to $90,911 during the week before quickly rebounding to set a record monthly close of $96,506. November...
After a tumultuous start, October's rally appears to be back on track, according to analysis published by QCP Daily Review. Bitcoin is currently trading at the same level as last Monday. The storytelling of "Up◡", combined with strong non-farm payrolls data, helped Bitcoin find strong support around $60,000. The upcoming HBO Bitcoin documentary also brings more support to cryptocurrencies.
ether.fi wrote that during the recent market turmoil, the team, in coordination with Chaos Labs and other major protocol partners, worked to monitor the weETH/eETH market status and had designed multiple native systems and processes for the protocol to prepare for such events: 1. The primary market continues to operate normally, limiting the extent to which its prices continue to decline, ether.fi the withdrawal function helps prices continue to return to the fair exchange rate; 2. The highest n...
At a time of turmoil in the cryptocurrency market, MicroStrategy founder Michael Saylor has delivered sober words about Bitcoin's recent price slump. In a tweet that caught the attention of the crypto community, Saylor said: "1 BTC still corresponds to 1 BTC (1 BTC = 1 BTC)," reiterating the fundamental belief that Bitcoin's value will remain the same.