Robinhood hints at Bitcoin futures launch
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange.
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.
Ethereum price will stick below $3.5K until these 3 things happen
It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why.
Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus.
Gary Gensler returns to MIT — Here’s what he taught last time
Gensler asked his students at the outset of his previous course at MIT whether they thought crypto would change the future of finance.
XRP bull trap lurks below $2.95 — Will altcoin traders take the bait?
An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.
Crypto PAC-supported candidates win Florida congressional primaries
Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1.
Price analysis 1/29: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, AVAX, XLM
As the world’s most popular and valuable cryptocurrency, Bitcoin has always been subject to high levels of volatility. This has been especially evident in recent weeks, as the digital asset experienced a sharp drop in value following comments from Federal Reserve Chair Jerome Powell.
Powell’s remarks about the potential for inflation and the Fed’s plans to keep interest rates low sent shockwaves through the financial markets, causing Bitcoin to plummet by over 10% in just a matter of hours. This sudden and significant price movement has left many traders wondering what the future holds for Bitcoin and whether it will continue to be a profitable investment.
While some experts believe that Bitcoin’s volatility will only increase in the coming weeks, others argue that the direction of the price movement is still uncertain. This uncertainty is reflected in the current sentiment among traders, with many feeling unsure about whether to buy, sell, or hold their Bitcoin holdings.
One thing is for sure, however – Bitcoin’s volatility is not going away anytime soon. As the cryptocurrency market continues to mature and gain mainstream acceptance, it is likely that we will see more frequent and significant price swings. This is both a blessing and a curse for traders, as it presents both opportunities for profit and risks of losses.
So, what can traders do to navigate this volatile market? The key is to stay informed and be prepared for all possible outcomes. Keeping a close eye on market trends and news, as well as having a solid risk management strategy in place, can help traders make more informed decisions and minimize potential losses.
In conclusion, while Bitcoin’s volatility may be unsettling for some, it is an inherent characteristic of the cryptocurrency market. As long as traders stay informed and approach their investments with caution, they can navigate this volatility and potentially reap the rewards of this exciting and ever-evolving asset.