With Bitcoin Up 50% YTD, BlackRock's ETF Filing is Ideal
With Bitcoin rebounding 50% this year, the timing was auspicious for global investment company BlackRock to file for a Bitcoin exchange-traded fund (ETF).
Source: etftrends.com
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Debt Deal Could Also Sway Crypto Prices
As White House negotiations to raise the debt limit continue, it could be a prime mover for cryptocurrency prices.
Source: etftrends.com
Blame Bitcoin Network Congestion for Recent Price Retreat
The Bitcoin price was pushing $30,000 before staging a retreat to around $27,000. Network congestion could be a reason for its recent slide.
Source: etftrends.com
On-Chain Indicators Pointing to End of Cryptocurrency Bear Market
Cryptocurrencies were seemingly in lockstep with stocks and bonds last year, but on-chain indicators show that correlation is fading.
Source: etftrends.com
A Drop in Volatility Could Suggest Further Price Rally in Bitcoin
Bitcoin's reduced volatility could be a catalyst for another rally if technical indicators prove to be correct.
Source: etftrends.com