Nov 18, · The Mayer Multiple flashed similar values around bitcoin‘s second mining reward halving in July Back then, bitcoin was trading at $ and . Dec 18, · Global Bitcoin Technology Market (Micro Bitcoin, Milli Bitcoin, and Bitcoin) is Global Bitcoin Technology Market is estimated to grow at a CAGR of % over the period - Apr 15, · We examine Bitcoin prices considering various aspects that might influence the price or that are often discussed as drivers of the Bitcoin exchange rate. We start with the economic drivers, or potential fundamental influences, followed by transaction and technical drivers, influences on the interest in the Bitcoin, its possible safe haven status; finally, we focus on the effects of the Chinese Bitcoin .
Bitcoin market driversBitcoin Indicator Suggests Bull Market Is Still in Early Phase - CoinDesk
Racism and inequality have cost the U. How a divided government could affect the municipal bond market Posted December 2, Here's how the pandemic is impacting the future of work Posted November 24, How to pick winners in the retail sector amid the pandemic Posted November 20, Amid the pandemic parents turn to 'microschools': Here's what they are Posted November 18, What you need to know about new U.
Which sectors could be most affected by the election result Posted October 28, Why home builders are on the rise despite the pandemic Posted October 26, How to hedge against this market's biggest risk factors Posted October 7, Most Popular Videos Play All. K and EU Posted December 24, Elon Musk Decries the 'M. Posted December 22, Basic Materials Play All.
Gold prices settle higher Christmas Eve but log first weekly loss in a month Posted December 24, Gold price ends slightly higher Christmas Eve but halts string of weekly gains Posted December 24, Gold prices trade flat in holiday-shortened session Posted December 24, Gold prices halt 3-session slide as U.
Gold prices halt 3-session decline Posted December 23, Healthcare Play All. Coronavirus tally: Daily death toll tops 3, and hospitalizations jump, but more than 1 million vaccinated Posted December 24, Pfizer, BioNTech to supply U. Coronavirus tally: Daily death toll spikes back above 3, as hospitalizations jumps to another record Posted December 23, Paychex stock jumps toward record territory after profit and revenue beats, raised guidance Posted December 23, Vista Outdoor's stock shoots up toward a near 4-year high after Cowen analyst said it's time to buy Posted December 22, Cintas stock gains after profit, revenue beat expectations Posted December 22, Financials Play All.
Banks stocks rally to buck broader market selloff after Fed to allow share buybacks again Posted December 21, Real Estate Play All. Nmcn estimates widened pretax loss for Posted December 23, British Land to sell London buildings stake Posted December 23, Hammerson seeks extra listing on Euronext Dublin Posted December 18, Industrials Play All.
The ratio rose above 2. Similar price action was observed in April and November after the ratio rose above 2. With the Mayer indicator currently hovering at 1. According to Nischal Shetty, CEO of Mumbai-based crypto exchange WazirX, bitcoin is replicating price moves seen following previous halvings — four-yearly reductions in the rewards for miners. Institutions appear to have been the primary drivers of the latest rally, while the one seen three years ago was driven by speculative frenzy and panic buying by retail investors.
Retail investors are usually the last to join a rally. As such, increased retail participation is widely considered a sign of an asset nearing a major top. Bitcoin daily chart. Subscribe to Blockchain Bites , our daily update with the latest stories.