The crypto market has undergone a predicted correction following a three-week rally, with total market capitalization declining by 3% in the past 24 hours....
At the start of the week, the global crypto market regained value as investors flocked to it. As the market returned to normal, it was able to recoup momentum compared to the previous week’s close. The global crypto market capitalization is now $1.87 trillion, up 0.22 percent from the previous day. At the time of …
Bitcoin futures and options markets are pricing in higher volatility in the near future. Meanwhile, on-chain activity remains firmly in bear market territory, but continues to recover meaningfully.
The Bitcoin network made headlines this week after its hash rate managed to reach a new all-time high of 248.11 million terahashes per second. However, a slight drop was noticed on 14 February. Even so, there was strong support for a continued trend towards accelerated security on the network. A deeper look at the contributing […]
The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along at record highs as well. […]
Bitcoin investors have de-risked as global macro headwinds increase. In particular, traders eye the proposed Fed rate hikes in March, opting for protective insurance over speculative calls.
Decreasing market cap doesn’t always show the real picture… Bitcoin and the entire cryptocurrency market stand on shaky ground right now. Bitcoin, at press time, was trading under the $42,000-mark following a fresh 2% price correction. Also, the Bitcoin Fear & Greed Index showcased a “fear” sentiment across its platform. Now, this might indicate growing […]