Tags : Scare

Cryptocurrency

$3.7 billion liquidated as crypto markets react to Biden’s tax

Over $3 billion value of crypto positions have been liquidated this morning amidst a broader sell-off, information from a number of sources confirmed. Some market watchers attributed the drop to a proposal made by US president Joe Biden yesterday. The crypto drop ‘Liquidations’ happen when merchants borrow extra capital from brokerages/exchanges (i.e., ‘margin’ or buying […]Read More

Bitcoin

Bitcoin Weekly Outlook: India Ban Scare, FOMC Assembly in Focus

Key Bitcoin Takeaways Bitcoin slipped on Monday after logging a file excessive above $61,000 throughout the weekend session. Fears of a crypto ban in India and recovering US greenback and bond yields pressured the cryptocurrency. Extra clues in regards to the market bias to come back from this week’s Federal Open Market Committee’s assembly. Bitcoin […]Read More