After growing by over 70% since December, Bitcoin’s lack of gains in the past two months is allowing memecoins to take over the profits in the market. Since December, the currency surged past the $16,700 price, reaching its highest point on April 14, when $BTC nearly broke through the $31,000 margin. However, since then, the […]
The World’s largest cryptocurrency by market capitalization reacted favorably to the recent resolutions of the latest FOMC meeting. On the first days of May, the Federal Reserve announced yet interest rate hike of 0.25%, making the U.S. reach its highest rate in over 20 years. Bitcoin is currently valued at $29,079, boasting a near 3% […]
Cryptocurrencies surged on Wednesday, April 26, as investor worries over the US banking sector intensified. This time, First Republic Bank is in trouble as it struggles to avoid collapsing. Bitcoin jumped 5% to $28,974, as reported by Coin Metrics, aiding ether which rose 4% to $1,913.05. Both cryptocurrencies are still below the significant levels of […]
