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Bitcoin Fear and Greed Index hit new lows as BTC struggles to break crucial resistance
Bitcoin Fear and Greed Index hit new lows as BTC struggles to break crucial resistance

Share link:In this post: The Bitcoin Fear and Greed Index has fallen to “extreme fear” (25), the lowest level it has reached since January 2023. BTC failed to breach the $60,000 price mark twice in the last two days. Bitcoin’s falling price has been linked to the ongoing Mt. Gox repayments, which started on July 5.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend ind

Cryptopolitan·2024/07/12 15:31
German Bitcoin Sell-Off Nears Completion, Here’s How Much Is Left
German Bitcoin Sell-Off Nears Completion, Here’s How Much Is Left

At the current pace, Germany could complete the sell-off soon, having unloaded around 35,000 BTC this week alone.

Cryptopotato·2024/07/12 13:43
Flash
  • 16:54
    Analysis: Mixed U.S. Economic Report May Prompt Fed to Turn Dovish, Benefiting Bitcoin Trend
    Odaily Planet Daily News: Recent U.S. economic data has been mixed, including a slowdown in GDP growth, a decline in consumer spending, and a weak job market, leading to market expectations that the Federal Reserve may adopt a dovish stance at its May policy meeting. Analysts believe that if the Federal Reserve slows down rate hikes or considers rate cuts, it will benefit risk assets such as Bitcoin. Citi's Chief Economist Andre Hollenhorst stated that a persistently weak labor market could prompt the Federal Reserve to cut rates faster than the market expects. Currently, the market only anticipates a 50 basis point rate cut by mid-2026. Bitcoin prices have recently fluctuated between $93,000 and $95,000, with investors focusing on the impact of Federal Reserve policy changes on its trend. (The Block)
  • 16:54
    President Trump on Trade Deal: I Think We Are Doing Very Well
    Jinse Finance reports that U.S. President Trump talks about the trade agreement: I think we are doing very well. Previously, it was reported that U.S. President Trump stated that tariffs have not yet taken effect.
  • 16:53
    Trump Claims to Be Brewing a "Beautiful Big Bill" Possibly Bigger Than Tariffs
    According to a report by Jinse Finance, U.S. President Trump stated that the "big beautiful bill" currently in the works might be "bigger than tariffs." Trump praised Senate Majority Leader Thune for his legislative efforts and added that Democrats are "trying to block it at every turn," warning that "if they succeed, it would mean a 58% tax increase." Trump reiterated that the proposed spending bill would mean "the largest tax cut in American history."
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