The price of Bitcoin (BTC) had a mixed reaction on Dec. 9 after the November U.S. producer price report showed a 7.4% increase from 2021. The data suggests that the wholesale costs have continued to rise and inflation may last longer than investors previously believed. Oil prices are also still the focus of investors’ minds, …
Bitcoin Price Liquidation Risk Rises as BTC Struggles to Recover $18,000 Read More »
Bitcoin (BTC) is gearing up to emerge from a dismal November just above $16,000 – what could be on the menu for BTC price this week? At a time of what analyst Willy Woo called “unprecedented deleveraging,” Bitcoin is far from off the hook after losing more than 20% this month. The impact of the …
Capitulation of a new BTC miner? 5 things to know about Bitcoin this week Read More »
Economist and gold bug Peter Schiff says bitcoin still has a long way to go after the collapse of crypto exchange FTX. He also believes that $10,000 is bitcoin’s true price, warning that “the lion’s share of the sell-off hasn’t even started yet.” Schiff predicts that “bitcoin still has a long way to go” Gold …
