Analyzing Bitcoin’s market cap shows that the 2022 bear market brought the fourth worse drawdown from the all-time high in its history. Bitcoin’s drop to $15,500 represents a 76.92% drawdown from its ...
Tag: Drawdown
Biden’s SPR Drawdown Big Win For Beijing
Russian President Vladimir Putin and Chinese President Xi Jinping pose for a group photo during the … [+] G20 Summit in Osaka in 2019. (Photo by DOMINIQUE JACOVIDES/AFP via Getty Images) AFP via...
Crypto Asset Inflows Fall To Three-Year Lows Amid 63% Bitcoin Drawdown
Crypto asset inflows recorded one of their worst years in 2022. The year had been one fraught with market dips and crashes that saw over $2 trillion wiped off its market cap. Investors responded to th...
Western Digital Could See Material Cash Drawdown In 2023, Analyst Says
Benchmark analyst Mark Miller reiterated Sell on Western Digital Corp (NASDAQ: WDC) with a $28 price target. At recent conferences, Western Digital provided updates for investors. The firm continues t...
Why Bitcoin Drawdown May Still Not Be Painful Enough For Bottom
The Bitcoin supply in profit metric could hint that the current bear market hasn’t been painful enough yet for the cyclical bottom to be formed. Bitcoin Supply In Profit Has Plummeted To 45% Following...
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’ – Markets and Prices Bitcoin News
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal...
Biden Sacrifices National Security For Midterm Votes With SPR Drawdown
St. James Terminal, a marine unloading and distribution point for crude oil, a U.S. Department of … [+] Energy owned site located southwest of Baton Rouge, La., on the Mississippi River, is show...
This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown
Historical data of an on-chain indicator could suggest Bitcoin may not be in danger of another sharp crash right now. Bitcoin Spot Exchange Depositing Addresses Stay At Very Low Values As pointed out ...
US equities are suffering the 3rd biggest drawdown in history in 2022
For investors looking to navigate choppy financial markets, the fact that stocks across all indices have been moving down in lockstep, followed by bonds, may be a worrying signal, indicating more pain...
Crypto Stocks Take Steep Hit Compared to Wall Street in End of Week Drawdown
Stocks started off the week in a rally, with wide benchmarks like the S&P 500, NASDAQ Composite, and Dow Jones posting gains. But the rally fell off with a sharp pullback Friday on new worries of ...
Curve Finance: A-Z of how stETH pool has fared amid market drawdown
With the current liquidity provided at its February level, new data from the on-chain analytics platform, IntoTheBlock, revealed a consistent decline in key ecosystem metrics on Curve Finance. Housed...
Charting a course for Solana [SOL] after its latest drawdown
Solana [SOL] is at a crucial junction now, with the crypto-market noting a U-turn of the relief progress. With Bitcoin still hovering below $20,000, the premise is all but negative for other assets ri...
Axie Infinity holders have reasons to celebrate market drawdown
The market crash has affected every cryptocurrency in some or the other way. And, the recovery from the same has been a nightmare for many. But not for the Axie Infinity holders. These GameFi token ho...
Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level
Bitcoin has been moving sideways around its current levels with no clear direction on lower timeframes. The cryptocurrency has experienced its worst-selling pressure in years but has held firmly aroun...
Cardano’s reversal from 23.6% level can inflict drawdown towards this range
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano’s [ADA] recovery over the last nine days tested the 23.6%...
The Metric That Says A Further 50% Drawdown For Ethereum Is Possible
Past trend of the Ethereum value captured per byte metric suggests that a 50% drawdown from here is still possible for ETH. Ethereum Value Captured Per Byte Currently Stands At $0.30, Double The Previ...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here – Markets and Prices Bitcoin News
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop...
Here’s what to expect from SAND’s near-term price after the recent drawdown
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. With the sellers clinching another liquidation rally in the Bitco...
AXS price risks deeper losses despite 90% drawdown already
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cry...
Some Binance Employees Suggested Trading Against Their Own Users During Luna and UST Drawdown
Arman Shirinyan Binance CEO could have made small fortune trading against his own users, but instead, he fired employees who suggested it In the most recent AMA session of Binance CEO Changpeng Zhao, ...
Crypto Drawdown Will Have Little Impact on U.S. Economy
The U.S. economy is currently staring at the chances of a major recession with inflation soaring and growth decelerating. On the other hand, the crypto market meltdown has drawn the attention of lawma...
Bitcoin hodlers targeting $100K is what’s preventing 40% price drawdown, data suggests
Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says. In a series of tweets on April 19, popular analyst Root ...
High Inflation Creates A Portfolio Crisis
NEW YORK, March 18, 2020 — A trader works on the floor of the New York Stock Exchange in New York, … [+] the United States, March 18, 2020. U.S. equities ended Wednesday’s volatile session...
This Is Now The Worst Drawdown on Record for Global Fixed Income
(Bloomberg) — Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation. M...
Bitcoin ‘could easily see $30K’ with stocks due to 30% drawdown in 2022 — Analyst
Bitcoin (BTC) opened the Wall Street trading session with a spike to over $41,500 on March 21 as last week’s late gains endured. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView McGlone: Fe...
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a three-week high. ETH price climbs to three-week high To date, ETH pri...
Crypto suffers $200 billion drawdown, what’s happening?
Thursday evening (GMT) saw the start of the crypto market slide. Of the top 100, excluding stablecoins, only Safemoon, Leo, and BitTorrent managed to stay green over the last 24-hours. Source: CoinGec...
Bitcoin sees a 10% drawdown, what’s behind this market sell-off?
The first week of 2022 gets off to an inauspicious start as Bitcoin suffered a 10% swing to the downside on Wednesday. Bears sunk the price as low as $42,500 before closing the daily candle marginally...