The relative strength index of Bitcoin has significantly fallen below 30, marking its most pronounced oversold reading since March 2020.
Most A Single Bitcoin Ever
Most A Single Bitcoin Ever latest news, images, analysis about Bitcoin took less than a month in 2021 to smash its 2020 price record, surpassing $40,000 by Jan. 7, 2021. By mid-April, Bitcoin prices reached new all-time highs of over $60,000 as Coinbase, a cryptocurrency exchange, went public. Institutional interest propelled its price further upward, and Bitcoin reached a … See more
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Cryptocurrency prices experienced a significant surge following the filing of BlackRock's application for a bitcoin ETF. Out of the 149 assets listed in the CoinDesk Market Indices (CMI), an impressive 144 witnessed an upward trajectory throughout the week.
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Also: Bitcoin and volatility share a complex relationship.
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