Fundamental view: The pioneer digital currency hit a new multi-year high .Currently, Bitcoin is on the way to finish the sixth consecutive week in a green zone, which is the longest bullish streak since March. Bitcoin's market share jumped to 65%, while its capitalization exceeded $300 billion. Notably, according to the research performed by CryptoVoices, Bitcoin's market [...]
Fundamental view: Bitcoin rose in the last week an reached 15700 level. According to crypto analytics platform Messari, Bitcoin has now spent more than 20 days above the $15,000 barrier. Now U.S. presidential candidate Joe Biden is six electoral votes away from victory, with officials continuing to count ballots in Georgia, Pennsylvania, North Carolina, Arizona, and Nevada. [...]
Fundamental view: Bitcoin surged in the last week. Bitcoin has begun to consolidate above $13,000. Despite this bullish trend, most Bitcoin funding rates on leading futures exchanges currently are negative. The major economic events deciding the movement of the pair in the next week are ISM Manufacturing PMI at Nov 02, ADP Nonfarm Employment Change, [...]
Fundamental view: Bitcoin has enjoyed a strong rally in the last week as macro trends have favored its growth. The rally comes as an increasing number of investors, both within crypto and out of crypto, have realized there is a growing fundamental value in owning Bitcoin. Friday’s U.S. presidential debates may have their own effect [...]
