EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Bitcoin Drops For The Second Consecutive Day In 2023

Admin by Admin
January 25, 2023
in Crypto News
0
UK Corporate Law Is Too Weak For Crypto Scammers
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter
MMC MMC

The world’s largest cryptocurrency Bitcoin had a phenomenal start to the year 2023 after a major crash last year. After registering its largest winning streak with 15 consecutive days of gains, Bitcoin has finally changed course.

It is for the second consecutive day that the BTC price had ended in the negative. Bitcoin is trading at a price of $22,635 and a market cap of $446 billion

The crypto market has been largely following the action on Wall street. On Tuesday, January 24, the US indices ended flat hinting at a close fight between the bears and bulls. Also, macro factors continue to hang over and all will depend basically on the Fed meeting next month.

The bigger question here remains is where shall Bitcoin move from here  $25,000 or $21,000? Other market analysts think that Bitcoin and the broader market seem to be in overbought conditions.

We have seen that the recent Bitcoin price rally this month has come on the backdrop of strong whale buying activity. But with the recent price surge, the short-term holders’ profitability has skyrocketed to 98% and thus there’s every chance of profit booking in the near term.

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: BitcoinCrypto
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Binance Caught Moving $346 Million From This Troubled Crypto Exchange

Next Post

Binance Admits Storing Client Funds With Company Collateral 

Admin

Admin

Next Post
Lithuanian Crackdown On Payment Providers Affects Binance And Crypto.com

Binance Admits Storing Client Funds With Company Collateral 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
AUD USD pair

AUD/USD falls from 7-month highs

February 2, 2023
What is Wiki Cat

What is Wiki Cat (WKC)?

February 1, 2023
FTX Group Interim Financial Update Contradicts Court Filing, Shows Exchange Had $1.43B In Cash

FTX Group Interim Financial Update Contradicts Court Filing, Shows Exchange Had $1.43B In Cash

February 1, 2023
Tesla Lost Millions In Crypto

Tesla Lost Millions In Crypto

February 1, 2023

Recent News

AUD USD pair

AUD/USD falls from 7-month highs

February 2, 2023
What is Wiki Cat

What is Wiki Cat (WKC)?

February 1, 2023
FTX Group Interim Financial Update Contradicts Court Filing, Shows Exchange Had $1.43B In Cash

FTX Group Interim Financial Update Contradicts Court Filing, Shows Exchange Had $1.43B In Cash

February 1, 2023
Tesla Lost Millions In Crypto

Tesla Lost Millions In Crypto

February 1, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

AUD USD pair

AUD/USD falls from 7-month highs

February 2, 2023
What is Wiki Cat

What is Wiki Cat (WKC)?

February 1, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>