Bitcoin long-term trend still looks bullish, short-term not so much
Bitcoin's exponential growth lead 40-year trading veteran Peter Brandt to (famously) believe BTC entered a new "parabolic phase." Markets go into freefall as Bitcoin drops by 11.6%; Chainlink, Binance Coin, Basic Attention Token resilient
The cryptocurrency markets went into freefall as Bitcoin dropped from $13,063 to $11,497, an 11.6 percent drop over the course of 19 hours. How much $1,000 invested in Bitcoin, Ethereum, XRP, Litecoin at the 2017-18 market top would be worth today
The cryptocurrency markets peaked in 2018 at a total capitalization of $835 billion. If an investor purchased $1,000 in crypto at the market's top how much would their investment be worth at today's prices? Next year's Bitcoin halving will push inflation rates down to 1.8%
With less than 313 days to go until the next Bitcoin halving, traders and investors are expecting a "supply shock" as the network's supply of coins reduces in half. ICYMI👨🏻⚖️ Craig Wright's contempt hearing proves he willfully refused to show his Bitcoin holdings 🇺🇸 Coinbase to launch regulated insurance firm in partnership with Aon 🇵🇱 Second-largest Polish cryptocurrency exchange BitMarket shuts down 📈 Bitcoin network value at all-time high based on average price paid per BTC Featured blockchain companiesThanks to the following companies for their support: 📈 MeterQubes - offers the next generation peer-to-peer decentralized trading platform. 🚀 MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. Want to be featured here? Contact us to learn more. Crypto market dataFor more pertinent market data, please see: ⚡️ CryptoSlate ResearchCryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts. Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram 🔥 Interested in sponsoring this newsletter? Contact us. Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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