Join Our 2,000,000+ Community

Get Ember

more posts

February 05, 2022

Bitcoin continues to be volatile emerges above $40K again

Bitcoin is up 9%+ over the past week in a relatively choppy market, in both crypto and equities. The bounce back seems to be driven by continued traction and adoption with large institutions and governments, offset by a downward pressure by macro news. However, this morning we saw Bitcoin surge above $40K on a stronger than expected jobs report that led to $50M in short liquidations that led to the spike and has been able to hold for most of today.

We remain cautious over the next month and will continue to monitor how the market reacts when the expected rate hikes go into effect in March.

Harsharn Singh
Investment Associate | Ember Fund

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

Enjoying Ember?

Don't miss out on our latest posts

June 18, 2024

New Mining Withdrawal Option! 💸

Ember partnered with popular gaming platform as a secure & fun method for mining withdrawals! This feature comes with a HUGE set of upgrades to our withdrawal process.

June 11, 2024

May 2024 Recap Newsletter

It's time for the May 2024 Recap Newsletter! Here are the product highlights and milestones from the past month.

June 07, 2024

May Community Stats

We're thrilled to announce the Ember community's mining & reward stats for the month of May!

Download Ember