Categories: Bitcoin Latest News

Blame bitcoin’s tumble on rising inflation, not Strategy, 10xResearch argues

The main driver behind bitcoin’s weakness was ETF selling after red-hot April U.S. inflation data, 10x’s Markus Thielen argued. The bounce may hinge on Wednesday’s CPI data, he said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC

Bitcoin Magazine Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC…

1 hour ago

Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers

Following Bitcoin’s rebound from last week’s dip below $59,000, the market is now weighing whether…

2 hours ago

Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million

Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million…

2 hours ago

A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over

The metric shows bitcoin's market price is getting close to its realized fair value after…

3 hours ago

Live updates: Bitcoin drops under $63,000 as Strategy adds $100 million BTC in latest purchase

Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.Read MoreCoinDesk: Bitcoin, Ethereum,…

3 hours ago

Strategy buys 1,550 bitcoin, first time since selling $2.5 million worth of BTC

Strategy adds bitcoin and cash after raising $181 million through stock sales.Read MoreCoinDesk: Bitcoin, Ethereum,…

3 hours ago