Categories: Bitcoin Latest News

Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking

The risk-off mood is probably the market’s way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss

The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin…

42 minutes ago

Why a selloff in gold and silver is dragging bitcoin down

Bitcoin has long been lumped in with precious metals as a hedge against a weakening…

14 hours ago

Whale Activity Shows High-Leverage Short Positions Re-Opened on Bitcoin and Ethereum

TL;DR On-chain records in the supplied pack point to a trader opening high-leverage short exposure…

15 hours ago

Ripple CEO Brad Garlinghouse Slams Michael Saylor’s Bitcoin Buying Model as “Financial Engineering”

TL;DR Ripple CEO Brad Garlinghouse criticized Michael Saylor’s Bitcoin accumulation model, according to reports from…

15 hours ago

Ripple CEO Brad Garlinghouse Slams Michael Saylor’s Bitcoin Buying Model as “Financial Engineering”

TL;DR Ripple CEO Brad Garlinghouse criticized Michael Saylor’s Bitcoin accumulation model, according to reports from…

15 hours ago

Bitcoin Trapped as Liquidation Maps Spot Major Resistance and Support Clusters

TL;DR The supplied setup highlights resistance near the $61,000 area and support/liquidation interest around $58,200.Bitcoin…

16 hours ago