[Jun 24 7:00 AM] Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto…
[Jun 24 5:21 AM] Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of…
[Jun 24 4:03 AM] Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling…
[Jun 23 9:21 PM] Bitcoin price started another decline after it struggled near $64,550. BTC declined below the $63,500 support and might continue to move down. Bitcoin started a fresh decline from the $64,550 resistance level. The price is trading below $63,500 and…
[Jun 23 1:28 PM] In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential…
[Jun 22 7:00 PM] A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position. …
[Jun 22 4:30 AM] The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant…
[Jun 21 6:33 PM] Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government…
[Jun 21 6:30 PM] According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR)…
[Jun 21 5:00 PM] Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 &…
[Jun 21 3:30 PM] Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In…
[Jun 21 12:30 PM] Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’…
[Jun 21 5:40 AM] Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical…
[Jun 21 2:00 AM] In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their…
[Jun 20 9:12 PM] Bitcoin price failed to climb above the $66,500 resistance. BTC is again moving lower and might decline below the $64,600 support zone. Bitcoin started a fresh decline from the $66,500 resistance level. The price is trading below $65,500 and the…
[Jun 20 7:00 PM] On-chain data shows the memecoin Pepe currently has 80% of its holders in profit. Here’s how Dogecoin, Bitcoin, and other top coins compare. PEPE Is Among The Coins With The Highest Profitability Ratio Right Now In a new post on X, the market…
[Jun 20 5:16 PM] Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time have I been more optimistic than right…
[Jun 20 5:00 PM] The German government has recently begun selling millions of dollars worth of Bitcoin (BTC) from a confiscated wallet, further contributing to the lack of catalysts for a price recovery in the cryptocurrency market. The move comes as increased…
[Jun 20 4:00 PM] The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto…
[Jun 20 3:00 PM] Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the…
[Jun 20 2:00 PM] Recent data from CryptoQuant has highlighted a significant shift in Bitcoin Miners behavior, with miner reserves dropping to their lowest levels since 2010 while over-the-counter (OTC) selling activity has surged to higher levels. What This Means…
[Jun 20 1:05 PM] On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for…
[Jun 20 1:00 PM] Bitcoin (BTC), the leading cryptocurrency, has regained momentum, bouncing off a weekly low of $64,000 to find support above $65,000, halting last week’s downtrend. This price recovery may be due to another significant investment round by…
[Jun 20 10:00 AM] The current state of the Bitcoin market offers a mix of optimism and caution for investors. Over 87% of Bitcoin holders are in profit, with their investments valued higher than their initial purchase prices. On average, these investors are seeing…
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