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Bitcoin Plummets To $59,000, On-Chain Data Reveals Why

[Aug 28, 2024 8:30 PM] Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The Crash In a new post on X, CryptoQuant Head of Research Julio…

Bitcoin Price Drops Under $60K Again: Can It Stage a Recovery?

[Aug 28, 2024 3:29 AM] Bitcoin price started a fresh decline and traded below $60,000. BTC is struggling and might continue to move down toward the $56,500 support. Bitcoin gained bearish momentum below the $62,000 support level. The price is trading below $62,000 and…

Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options

[Aug 28, 2024 1:30 AM] Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending…

Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls

[Aug 27, 2024 11:30 PM] Bitcoin is trending lower when writing, cooling off after the encouraging leg up on August 23. Although the uptrend remains, and the coin is not far away from $63,000, there is no discounting the possibility of sellers pressing on. The alignment…

Bitcoin Price Slips, But Key Support Remains Intact

[Aug 27, 2024 3:23 AM] Bitcoin price started a downside correction from the $65,000 resistance zone. BTC could revisit $61,750 before it starts a fresh increase in the near term. Bitcoin failed to clear the $65,000 resistance zone and corrected gains. The price is…

Solana (SOL) Ripe For Price Discovery, Analyst Eyes $600 Target

[Aug 27, 2024 1:00 AM] Market watchers have praised the Solana (SOL) price action throughout the month. The fifth-largest cryptocurrency by market capitalization has displayed a strong performance despite the market shakeouts, recently reclaiming the $160 support level…