by OverviewFX | Mar 11, 2024 | Cryptocurrency
It’s a happy Monday for bitcoin bulls as the crypto party has resumed to push it $3700 higher to $72,140.It was a bit of a rocky road getting through the $69,000/$70,000 level but that’s a big one as it clears the all-time high. It’s smooth sailing...
by OverviewFX | Mar 8, 2024 | Cryptocurrency
Bitcoin has broken through the all-time high set on Monday and touched above $70,000.Bitcoin hit a record $69,200 on Monday then quickly fell to $58,500 but it steadied there and avoided making an outside day on the close. Since then the dip buyers have continued to...
by OverviewFX | Mar 8, 2024 | Cryptocurrency
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
by OverviewFX | Mar 8, 2024 | Cryptocurrency
Deutsche Bank on crypto, and the surge of adoption. On Bitcoin:the largest driver of the rally in recent weeks was likely the SEC’s approval of a spot Bitcoin ETF on January 10thSince then such funds have seen nearly $7.9bn of inflows. Blackrock and Fidelity have seen...
by OverviewFX | Mar 6, 2024 | Cryptocurrency
Bitcoin bulls should have been popping champagne tonight, but instead a dark cloud has rolled in. This looked like a banner day for crypto as bitcoin edged above the 2021 high of $69,000 but it has turned into a race to take profits.Bitcoin is down more than 8% to...
by OverviewFX | Mar 6, 2024 | Cryptocurrency
The new money chasing bitcoin ETFs has just found out that volatility runs both ways.Bitcoin dailyThe easy money on the way up has kicked off some heartburn today. The latest drop was a quick one and took out the $60,000 stops before hitting $59,387 at the low....
