Articles for tag: Bitcoin, buy the dip, Cryptocurrency market, Market Analysis, price correction, trading strategies, US dollar strength

February 28, 2025

Matrixport Research Insights: Unveiling Key Trends in Cryptocurrency Markets for Informed Trading Decisions

Bitcoin is currently experiencing a correction, which analysts predict may continue until March or April before it possibly rises to previous highs. Recently, Bitcoin fell below $80,000, influenced by a broader Market decline due to global trade tensions. In the same week, major US stock indexes also dropped, causing traders to seek refuge in a ...

December 17, 2024

Market News

Crypto

Dollar Advances Against Peers as Market Awaits Fed Decision; Bitcoin Reaches Record High

The U.S. dollar is gaining strength ahead of important central bank meetings this week, approaching a three-week high against major currencies. Analysts expect the Federal Reserve to announce a quarter-point rate cut with a 97% likelihood during its upcoming meeting. This rise in the dollar comes despite recent economic indicators suggesting a shift in the ...