Cryptocurrency News
After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn. Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week. Eventually, that low held as support and […]
As Bitcoin enters its final week before the highly anticipated halving event, social media buzz surrounding the topic has reached its highest level of the year, peaking at 9 PM UTC. This surge in discussion is often viewed as a signal of high confidence price reversals for cryptocurrency markets. However, […]
In the past 24 hours, Bitcoin experienced a dip below the $69K mark, prompting an expected wave of panic among traders. 📉😱 #Bitcoin fell below $69K an hour ago, and there was predictably initial panic from traders. However, it has been followed by mentions of #dipbuy opportunities and reminders of […]
After a period of consolidation, Bitcoin (BTC) has made a significant price breakthrough, surging over 4% to reach $72,715 today. Analysts, including Ali Martinez on X, attribute this surge to a rebound in Bitcoin’s price following a recent downswing, which resulted in approximately $72 million in liquidations as the price […]
Recent data from Binance reveals a significant breakthrough in both Bitcoin (BTC) and Ethereum (ETH) prices, with BTC surpassing $72,000 and ETH exceeding $3,600. The surge in prices coincides with a flurry of activity on the network, leading to a total liquidation of $148 million in the past 24 hours, […]
Following a quick shift in sentiment, Bitcoin BTC is now looking strong again as it charges $73,000. It has established a base support and formed a new bullish pattern on the daily. It is currently set for an explosion. As the halving draws nearer, Bitcoin’s price level has changed again […]
Bitcoin has staged a remarkable recovery, surging back above the $69,000 mark after a recent dip below $65,000 that left many traders on edge. The sudden drop is widely attributed to reports of U.S. government authorities selling nearly 10,000 bitcoins seized from the Silk Road. This news has sparked fear […]
The recent drop in Bitcoin’s price to $65.1K has had a ripple effect across the broader cryptocurrency market, leading to a 3.61% decrease in overall market caps over the past 7 days. Additionally, trading volume has experienced an 18.84% decline compared to the previous week. 📉 #Bitcoin's drop to as […]
As Bitcoin continues to consolidate below its recent all-time high of $73,000, a notable shift in market dynamics is taking place. Long-term holders of the cryptocurrency have entered a distribution phase, selling their holdings to new investors at higher prices. As the #Bitcoin Spot Price consolidates below the new ATH […]
The cryptocurrency market has kicked off the week with a downward trend, particularly affecting altcoins. Investors are closely monitoring the performance of Bitcoin and Ethereum to assess their resilience amidst the broader market downturn. Additionally, there is heightened interest in various trading strategies, with a focus on AI-driven approaches and […]
In the recent recovery, Bitcoin BTC encountered resistance and failed to push higher. While the price remained in a tight range, it currently looks weak on the daily chart – now on the verge of breaking down following a 1% loss. Bitcoin recovered nicely from March’s correction but found it […]
The recent quarterly delivery in the crypto market, surpassing $15 billion, has fueled a significant rally this week. Despite the challenge of navigating through this historic delivery, the market has shown resilience, with Bitcoin hitting the impressive $70,000 mark and volatility levels remaining high across major terms. 29 Mar Options […]
Cryptocurrency traders are accustomed to Bitcoin and other assets charting their own course, often independent of traditional stocks and industries. However, recent highs in the S&P 500 and gold markets are generating a buzz within the crypto community, with many anticipating a positive divergence that could drive BTC and altcoins […]
Bitcoin, the leading cryptocurrency, witnessed one of its largest transactions in recent weeks, totaling 15,411.92 BTC. Although substantial, this transaction pales in comparison to the colossal movements observed on March 22nd, when two transactions of 87,051.03 BTC and 78,317.03 BTC occurred during a price dip to $63K. 🐳😯 #Bitcoin's third […]
Short positions in Bitcoin worth almost $40 million were liquidated within the past 24 hours as the cryptocurrency’s price surged upwards. As Bitcoin surpassed the $68,000 mark, short positions were swiftly eliminated, resulting in significant liquidations. During the last 24 hours, the leading digital asset by market capitalization experienced a […]
Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 […]
Bitcoin recently found support and is slowly climbing back after providing a 15% discount last week. Currently, buying volume appears insufficient to bring the bulls back on track as they face key resistance. In the mid-month, Bitcoin encountered resistance and had a stopover at around $73.7k after almost doubling its […]
As the cryptocurrency market continues to evolve, the influence of exchange-traded funds (ETFs) on Bitcoin’s price and availability has become a focal point for traders. With ETFs gaining significant purchasing power, some experts predict that their impact may overshadow the traditional supply squeeze effect of Bitcoin’s impending halving. Traders are […]