volatility
-
Countdown to Election Day! Will Bitcoin Surge to $80K?
- November 4, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsAs the U.S. presidential election nears, Bitcoin is on a rollercoaster, teetering at around $69,000 with market expectations of extreme volatility. Traders and analysts alike are eyeing substantial price swings, potentially up to 10%, depending on whether former President Donald Trump or Vice President Kamala Harris secures the win on November 5. As the crypto
-
High Leverage Alert! Bitcoin Open Interest Soars to $40B—Will It Crash or Surge?
- October 21, 2024
- Posted by: Rose
- Category: ICO Blog, IGH News, Market Insights, Market News
As Bitcoin continues to flirt with the $70,000 mark, it faces mounting pressure from both market forces and regulatory institutions. The recent surge in open interest (OI) on Bitcoin futures, now exceeding a record $40.5 billion, signals more leverage in the system. Meanwhile, central banks, like the Federal Reserve Bank of Minneapolis, are proposing potential
-
Bitcoin Nears $70K—Here’s Why Analysts Believe the Best Is Yet to Come!
- October 19, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News
Bitcoin’s trajectory toward new heights has garnered massive attention recently, and the convergence of key market dynamics suggests the cryptocurrency is on the cusp of a major breakout. While Bitcoin hasn’t yet matched the record highs achieved earlier in 2024, a combination of Bitcoin ETF options approval, weakening global currencies, and growing retail interest could