Amid a recent Bitcoin price rebound, Coinbase Premium data shows that American investors are renewing their bullish interest. Notably, the latest price relief only closes a negatively volatile trading week in which Bitcoin experienced a free price fall, as 30% loss pushed prices to around $60,000. This market plunge by the premier cryptocurrency has been…
View More Coinbase Premium Turns Positive Since Mid-January As Bitcoin Sees Price Relief
Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences. Weak Japanese…
View More Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why