Bitcoin resistance
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Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
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Bitcoin Struggles at $64K—Could a Breakout to $68K Be Imminent?
- August 25, 2024
- Posted by: Gordon
- Category: ICO Blog, IGH News, Market Insights, Market News
Bitcoin is currently trading around $64,000, up from recent lows, as it aims for a potential surge towards $68,000. The cryptocurrency’s price recently peaked at nearly $49,000 before pulling back slightly. Earlier this year, Bitcoin reached a new all-time high of over $73,000 in March, fueled by significant inflows into newly created Bitcoin ETFs. Bitcoin
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Bitcoin’s $62K Battle: Will Bulls Push Through or Bears Take Over?
- August 23, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin finds itself at a critical juncture, hovering near the $62,000 resistance level, a price point it hasn’t breached since August 9. As the cryptocurrency consolidates, analysts are closely watching its ability to hold this level or face a potential drop that could see it revisiting the $49,000 mark, echoing the sharp decline seen on
