- Barrons.com
Bitcoin Struggles. Cryptos Have Been Hit With a Wave of Profit-Taking.
Bitcoin is up almost 50% this year thanks to new ETFs. But as demand for the new funds wane, prices have languished.
- Barrons.com
Bitcoin Falls as Technical Signs Flash Red. Why Cryptos Could Be In for a Tough Week.
A busy week for the stock market, with earnings and macro news on tap, comes as cryptos face headwinds.
- Barrons.com
Bitcoin Languishes. Brace for More Declines as ‘People Got a Little Too Excited.’
and other cryptocurrencies were little changed Friday, holding at the lower end of recent trading ranges as the technical market picture darkened and enthusiasm seemed to wane among traders following last week’s “halving” event. Bitcoin also is trading below its 50-day moving average of $67,360—a sign of weakness that has been accompanied by other technical market signs indicating that more declines could be coming. “Bitcoin under pressure,” said Alex Kuptsikevich, an analyst at broker FxPro.
