Traders will be keenly watching bitcoin's UTC close on Friday, as potential failure to rise back above $40,000 may invite more chart-driven selling. "The loss of the $40,000 mark today will likely lead to more bearish sentiment, which in turn could push the price further down – it could even test last July's low of $30,000," Robbie Liu, a researcher at crypto financial services … [Read more...] about Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
Decoupling
Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation
Anish Saxena, a New Delhi-based automobile dealer, made "incredible" profits by investing in cryptocurrencies in 2020, just as his business took a hit from the coronavirus pandemic-induced lockdown."I had known about Bitcoin and Ethereum and dozens of other assets for years," the 33-year old businessman said. "But I only got to invest in them after the lockdown pushed me and my … [Read more...] about Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation