by OverviewFX | Mar 5, 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 4, 2024 | Cryptocurrency
The price of bitcoin has breached the $66,000 level trading up to $66,351. The price trades at the highest level since November 15. The high price for bitcoin all-time reached $69,000 on November 10, 2021. There was a high October 21 that reached $67,087. That is the...
by OverviewFX | Mar 4, 2024 | Cryptocurrency
Bitcoin is blazing hot as it rises another 4% to the best levels since November 2021.It’s up $2834 to $65,446 with a nearly 30% in the past week alone. It’s been an incredible run that started in late October at the same time as US equities turned and...
by OverviewFX | Mar 4, 2024 | Cryptocurrency
China’s Economic Daily is state-sponsored media, another mouthpiece for the Chinese Communist Party. Taking aim at crypto, saying that “wild fluctuations in bitcoin’s value remain the norm, and cryptocurrencies have yet to enter the...
by OverviewFX | Mar 1, 2024 | Cryptocurrency
JP Morgan note that Wednesday was biggest day for bitcoin ETF net inflows, analysts at the firm estimated that the funds saw $675 million of net sales on Wednesday.This was the largest single day of net sales for the group, contributing to the ~$7.5bn accrued since...
by OverviewFX | Mar 1, 2024 | Cryptocurrency
JPM in a crypto note, looking for a lower BTC price once bitcoin-halving-induced euphoria subsides after April. In brief:the halving event will reduce Bitcoin miners’ rewards from currently 6.25 BTC per block to 3.125 BTCthis will negatively impact miners’...