Drawdown

Ark Invest Splashes $47-M On Coinbase, BitMine Shares After US Stock Market Drawdown

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Coinbase

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to … Read more

Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

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Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffirms Bitcoin’s ability to bounce back from local lows, maintaining its upward trajectory. Top … Read more