Bitcoin is currently teetering on a crucial demand zone, where approximately 1.66 million addresses have acquired it at an average price of $64,800. This zone holds significant potential to serve as a robust support level, offering a buffer against further downward pressure in the market. Bitcoin is currently positioned right […]
Tag: surge
FTX and Alameda Wallets Move $105.9M In Altcoins Amid Bankruptcy Proceedings
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
Market Dynamics Point To Potential Cryptocurrency Surge As Traders Get Set For Another Bitcoin Pump
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 […]