Tags : Sentiment

Cryptocurrency

Cardano (ADA) jumps 8% in 24 hours, but what does

Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest ADA, the native token of smart contract platform Cardano, jumped 8% in the past day amidst rising public sentiment for the broader ecosystem, data […]Read More

Bitcoin

Bloomberg Analyst Sees Bitcoin at $50,000 on Anti-Gold Sentiment

A recent meltdown in the Bitcoin price from its record high near $42,000 has done little to shake its bullish bias, at least according to a Bloomberg analyst. In a report published on Wednesday, senior commodity strategist Mike McGlone wrote that the flagship cryptocurrency could hit $50,000 in the coming sessions. He called out Bitcoin […]Read More

Bitcoin

Bitcoin Dips on Stronger Dollar Sentiment; Boost Ahead After Fed

Bitcoin prices edged lower on Wednesday, pressured by a stronger US dollar, as markets awaited the US Federal Reserve’s monetary policy outlook and progress around a stimulus deal. Spot BTC/USD fell more than 3 percent in the early Asian trading hours, hitting an intraday low of $31,567 per token. CME Bitcoin Futures eased by as […]Read More

Market

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

Bitcoin’s price slumped by around 5.6% in the past 24 hours thanks to some Asian traders taking a short-term bearish view and concerns the new Biden administration in the U.S. will seek to put a damper on cryptocurrency use. Profit-taking occurred in the spot market during Asian market hours after bitcoin failed to consolidate around […]Read More

Bitcoin

Google Trend Sentiment Breaks Down, Will Bitcoin Follow?

Bitcoin is above $40,000, after starting the new year below $30,000, and less than one year ago trading at under $4,000. The asset’s trajectory has been “only up” but could Google search trends for the first-ever cryptocurrency breaking down be a sign that the bullish uptrend will soon as well? The Unstoppable Bitcoin Bull Run […]Read More