by Koinat | Feb 6, 2024 | Market News
Cryptocurrencies faced downward pressure on Monday as U.S. interest rates surged following robust economic data and Federal Reserve Chair Jerome Powell’s reaffirmation of his hawkish stance. Bitcoin (BTC), the dominant cryptocurrency, retreated to $42,200...
by Koinat | Feb 5, 2024 | Market News
Shiba Inu (SHIB) is currently displaying an ascending triangle pattern on the SHIB/USDT chart, suggesting the potential for a significant price surge. This technical formation features a flat upper resistance line and a rising lower support line, indicating a gradual...
by Koinat | Feb 5, 2024 | Fundamental Analysis
With Bitcoin’s third halving just around the corner, a surge in interest is evident, marked by all-time high Google searches. However, some traders express skepticism about the traditional bullish narrative associated with halving events. Instead, they...
by Koinat | Feb 5, 2024 | Fundamental Analysis
The ongoing debate surrounding Bitcoin often involves the question of intrinsic value, with critics citing it as a basis for labeling Bitcoin a scam or bubble. However, focusing on its steadily increasing price and global adoption provides a more insightful...
by Koinat | Feb 2, 2024 | Market News
he overall cryptocurrency market underwent a 0.6% correction within 24 hours, resulting in a total capitalization of $1.65 trillion. This correction was influenced by pressure on global equity markets following declines in major IT giants. Bitcoin, trading around...
