Bitcoin revives gold correlation as BTC price nears $117K
Bitcoin pushed higher toward $117,000 on Wednesday as bulls ignored downside liquidity to follow gold as it hit fresh all-time highs.
Bitcoin pushed higher toward $117,000 on Wednesday as bulls ignored downside liquidity to follow gold as it hit fresh all-time highs.
Original source
Read on CointelegraphRelated market context
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days
Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the l...
Velvet Capital migrates protocol-owned liquidity to Aerodrome on Base
Velvet Capital's liquidity move to Aerodrome highlights a growing trend in DeFi towards centralized liquidity management, balancin...
Coinbase: Gold and Silver Futures Now Trade 24/7 in the US
Coinbase CEO Brian Armstrong announced on June 13 that gold and silver futures are now trading around the clock in the United Stat...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...
Bitcoin’s Worst Week Since FTX Collapse Revives Wall Street Bottom-Calling Habit
Bitcoin rebounds from below $60,000 after worst week since FTX collapse, reviving Wall Street bottom-calling. Over half of supply...
Bitcoin Bounce and SpaceX IPO: Two Sides of a Liquidity-Hungry Market
Bitcoin rebounded above $60,000 after its worst week since FTX, while SpaceX’s record IPO drew $350 billion in demand. Two sides o...