by OverviewFX | Oct 30, 2024 | Cryptocurrency
Bitcoin moved sharply higher yesterday and reached an intraday high of $73,600. That was within $200 of the all-time high reached back in March at $73,794. The price has backed off today and trades down by $738 or -1.01% at $71,991.The move to the upside extended into...
by OverviewFX | Oct 29, 2024 | Cryptocurrency
The price of bitcoin is now trading above $73,000. The high price just reached $73,099 which is the highest level going back to March 14. The all-time record intraday high price reached $73,794. The high closing level is at $73,121.Catalyst for the rise: A Trump...
by OverviewFX | Oct 29, 2024 | Cryptocurrency
The story is that a Pres. Trump is more digital currency friendly and that has the price of Bitcoin higher for the 3rd straight day. The price has moved from a low on October 24 at $65,000 to the high price reached today at $72,756 or +11.93%. Since the September 6...
by OverviewFX | Oct 25, 2024 | Cryptocurrency
A report in the WSJ could cool the crypto market.DOJ and Treasury investigating Tether over potential sanctions violations and illicit activityManhattan US attorneys leading criminal probe into possible links to drugs, terrorism, hackingTreasury mulling sanctions...
by OverviewFX | Oct 23, 2024 | Cryptocurrency
The stars looked to be aligning for bitcoin late last week as tech stocks and Nvidia shares hit records, risk appetite improved and gold soared to all-time highs. In addition, reports of heavy buying of ETFs indicated strong investor demand.Evidently that wasn’t...
by OverviewFX | Oct 16, 2024 | Cryptocurrency
Standard Chartered has released a report predicting a potential rise in bitcoin’s value, could approach its previous high of $73,800 in the lead-up to the U.S. presidential election.A few crypto outlets cite the report.First: Several key factors are driving this...
