Articles for tag: Blockchain, Cryptocurrency, investor sentiment, market pressure, Pi Network, project development, token unlocks

Market News

Why Bitcoin Could Drop Below $1,000: Key Factors Before Catastrophe Alert

Bitcoin is currently facing potential volatility as its price hovers around $83,000, with a critical support level at $82,000. A drop below this threshold could trigger over $1.13 billion in liquidations of long positions, leading to increased Market pressure. Recent announcements regarding the creation of a U.S. bitcoin reserve have disappointed investors, who expected more ...

Market News

Bitcoin Miners Struggle as Crypto Market Declines, Reports JPMorgan on Current Challenges and Future Outlook

Bitcoin mining stocks are facing tough times due to falling cryptocurrency prices and challenges from the Bitcoin network’s April halving, as highlighted by JPMorgan’s recent report. In February, mining companies, including Riot Platforms and Marathon Digital, lost about 22% of their Market value after revealing disappointing earnings, even if some, like Core Scientific, reported better-than-expected ...

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