In the Spotlight
Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure
Key points: Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance.Altcoin buyers have left the scene, keeping in step with Bitcoin’s slight correction. Bitcoin (BTC) pulled back [...]
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Key Takeaways On May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures.The ban impacts local miners, mirroring a 2024 Russian Energy Ministry policy that saved 300 MW.Despite bans, reports explain [...]
