Bipartisan Infrastructure Law weighs on BTC price

Bearish trend seem to pin the Crypto King - Bitcoin this week. Bearish trend is favored by the two negative events happened in the past few days. On Nov. 12, the United States Securities and Exchange Commission (SEC) denied VanEck’s spot Bitcoin ETF request, Upon the rejection the Bitcoin saw a dip but most important [...]

Inflation woes and ETFs launch favors Bitcoin

Bitcoin trades high against the greenback today. As per a recent news, Crypto market intelligence firm Decentrader said that “there are zero instances of Bitcoin breaking significant previous all-time highs and failing to continue higher.” They anticipate the Bitcoin Bull Run to continue with a possible target objective at $72,000 and then $88,000. Last week [...]

SEC Chairman’s comment favors Bitcoin

The world's biggest and best-known cryptocurrency Bitcoin has gained positive movement from second consecutive day from the year's low of $27,734. Continued macro events last week took the market by surprise and accelerated the fall in prices. China's crypto trading cryptocurrency was hit hard last week, and the announcement came as a shock to Bitcoin [...]

Government intervention impacts crypto

Cryptocurrencies traded lower since yesterday as regulatory concerns re-emerged. Bitcoin broke the initial support 34,000 more than the initial support, down 5% in the last 24 hours. Cryptocurrency might stabilize around $30,000, which is the bottom of the one-month trading range. Growing concerns from regulators have weighed on cryptocurrency prices over the past few months. [...]