[Aug 24, 2023 1:30 AM] The Bitcoin price experienced a resurgence yesterday, reaching a high of $26,843, a 3.7% increase after its recent crash from $29,000. The reasons behind this uptick are manifold. Why Is Bitcoin Up? According to on-chain analytics firm Santiment…
[Aug 23, 2023 10:23 PM] Bitcoin price started a recovery wave above the $26,250 resistance. BTC could gain bullish momentum if there is a close above the $27,000 resistance. Bitcoin is slowly moving higher above the $26,250 support zone. The price is trading above $26,250…
[Aug 23, 2023 3:00 PM] Substantial Bitcoin (BTC) transfers have been reported again, often setting the stage for market speculation. Over the past 24 hours, there have been two significant BTC transactions. This transaction has sparked debate within the crypto community…
[Aug 23, 2023 12:00 PM] On-chain data shows the Bitcoin exchange reserve has shot up during the past day, indicating that more drawdown may be coming for the price. Bitcoin Exchange Reserve Has Registered A Large Increase A few days back, a crash shook both Bitcoin and…
[Aug 23, 2023 10:00 AM] A Bitcoin on-chain indicator is currently attempting a breakout that could turn out to be a bullish signal for the asset’s value. Bitcoin Active Entities Is Trying To Escape Network Stagnation Range In a new post on X, Jamie Coutts, a…
[Aug 23, 2023 7:32 AM] Bitcoin continued to sit firmly below the $26,000 level on Wednesday, after breaking out of a key price floor. The world’s largest cryptocurrency by market cap has mostly consolidated in recent days, as traders await Federal Reserve Chair…
[Aug 23, 2023 1:45 AM] As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable…
[Aug 23, 2023 1:30 AM] A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto trading…
[Aug 23, 2023 12:25 AM] Bitcoin price is closely linked to several financial assets, but there are different reasons for its correlation with certain precious metals and stocks.
[Aug 22, 2023 9:28 PM] Bitcoin price remained strong above the $25,500 zone. BTC could soon attempt a recovery wave above the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $25,500 support zone. The price is trading near $26,050 and…
[Aug 22, 2023 8:00 PM] Crypto exchange Binance has had a tough few months in terms of market news and pressure from regulatory bodies. Just a few days ago, Binance lost another payment processing partner after Checkout.com terminated its contract with the crypto…
[Aug 22, 2023 7:00 PM] The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail…
[Aug 22, 2023 6:01 PM] This year has been marked by significant volatility across the crypto market, including for Bitcoin, which has seen both gains and losses over the course of the year. Just a month ago in the middle of July, Bitcoin crossed over $30,000 and many…
[Aug 22, 2023 2:00 PM] Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…
[Aug 22, 2023 7:13 AM] Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin…
[Aug 22, 2023 6:30 AM] The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain…
[Aug 22, 2023 5:15 AM] Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has reached a pivotal crossroads. This…
[Aug 22, 2023 1:34 AM] After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply…
[Aug 21, 2023 9:26 PM] Bitcoin price is struggling to recover above the $26,500 level. BTC could gain bearish momentum if there is a move below the $25,600 support. Bitcoin is struggling to recover above the $26,500 resistance zone. The price is trading below $26,400 and…
[Aug 21, 2023 2:51 PM] Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the…
[Aug 21, 2023 1:00 PM] Volatility is back for the Bitcoin price and the crypto market, but it currently favors the bears as value tumbles in the past few days. The nascent sector was moving sideways, but a liquidation cascade forced prices into critical support levels…
[Aug 21, 2023 12:00 PM] Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a…
[Aug 21, 2023 8:00 AM] On August 18, a solo miner managed to solve block 803,821, securing a remarkable 6.25 Bitcoin block reward valued at $160,000. This is a very rare event as lone miners have a lower chance of mining a block due to the increase in mining difficulty…
[Aug 21, 2023 7:36 AM] Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after…
[Aug 21, 2023 1:45 AM] In the wake of the recent crash in Bitcoin’s price, analysts have been rife with speculation about the market’s next steps. The BTC price briefly dipped to a low of $24,800 last week, and with the Bitcoin fear and greed index plunging…
[Aug 20, 2023 9:16 PM] Bitcoin price is consolidating losses below the $26,500 level. BTC is showing bearish signs and remains at risk of a fresh decline toward $25,000. Bitcoin is struggling to recover above the $26,600 resistance zone. The price is trading below…
[Aug 19, 2023 6:55 AM] Bitcoin started the weekend trading below $26,000, as the cryptocurrency had its worst week since the collapse of FTX. Market sentiment was bearish following reports that Spacex liquidated its bitcoin holdings. Ethereum remains below $1,700…
[Aug 18, 2023 1:00 PM] The Bitcoin price range has been obliterated as the crypto market was corrected into a final support line. Volatility in the sector was compressed for weeks, and many were expecting some action in the short term, but the drop caught market…
[Aug 18, 2023 12:00 PM] Bitcoin, the cryptocurrency often referred to as ‘digital gold’, has been on a roller-coaster ride lately. Over the past decade, Bitcoin has transformed from an obscure digital token into an economic powerhouse, drawing attention from…
[Aug 18, 2023 9:30 AM] Data shows the Bitcoin market sentiment has plunged into fear as the cryptocurrency’s price has observed a crash to the $26,500 level. Bitcoin Fear & Greed Index Points At “Fear” In The Market The “Fear & Greed…
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