[Mar 10, 2023 7:18 AM] Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, which could decide how aggressive the Federal…
[Mar 10, 2023 7:00 AM] Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an…
[Mar 10, 2023 5:57 AM] Bitcoin and the broader crypto market took a hit over the last day, leading to bitcoin falling below $20,000 for the first time in two months. This decline was followed by a tremendous plunge in investor sentiment. The sharp decline saw sentiment…
[Mar 9, 2023 9:47 PM] Bitcoin price declined over 8% and tested the $20,000 support. BTC might correct higher, but upsides might be limited above the $21,200 zone. Bitcoin down over 8% and there was a spike below the $20,000 support. The price is trading below $21,000…
[Mar 9, 2023 5:48 PM] Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin. Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn…
[Mar 9, 2023 9:30 AM] Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to…
[Mar 9, 2023 8:30 AM] On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant…
[Mar 9, 2023 7:30 AM] Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin…
[Mar 9, 2023 7:30 AM] In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
[Mar 9, 2023 12:30 AM] The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating that creditors have until March 10, 2023 (Japan Time) to register their repayment claims. Kobayashi explains that…
[Mar 8, 2023 8:46 PM] Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
[Mar 8, 2023 9:00 AM] On-chain data shows Bitcoin MVRV is approaching a crucial retest currently. Here’s what a successful liftoff could mean for the crypto’s price. Bitcoin MVRV Ratio Is Nearing Its 100-Day EMA Line As pointed out by an analyst in a…
[Mar 8, 2023 7:30 AM] Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially…
[Mar 8, 2023 7:00 AM] Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…
[Mar 8, 2023 3:15 AM] The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U.S. Federal Reserve (Fed) chairman Jerome Powell. At press time, BTC was trading just above $22,000 and…
[Mar 7, 2023 9:28 PM] Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone. The price is trading below $22,250…
[Mar 7, 2023 6:37 PM] Bitcoin price action has historically been abysmal in March. Although seasonality suggests not to expect very much this month, a quarterly bullish crossover could result in a massive move up before the month is over. Bitcoin Quarterly Recurrence…
[Mar 7, 2023 8:29 AM] Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly…
[Mar 7, 2023 8:07 AM] Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee…
[Mar 6, 2023 9:19 PM] Bitcoin price is attempting a recovery wave above the $22,250 resistance. BTC is rising, but it might face hurdles near the $23,000 resistance zone. Bitcoin is attempting a recovery wave above the $22,250 resistance zone. The price is trading above…
[Mar 6, 2023 7:06 PM] Bitcoin price is still stuck in the low $20K region, but has opened with a bullish crossover of a high timeframe momentum tool. In the past, the signal brought a minimum of a 1,000% return on investment. Here is a closer look at previous signals…
[Mar 6, 2023 1:30 PM] On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an…
[Mar 6, 2023 8:30 AM] It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…
[Mar 6, 2023 8:20 AM] On-chain data shows exchanges have observed large stablecoin inflows recently. Here’s what this may mean for the price of Bitcoin. Stablecoin Exchange Netflow Has Shown A Positive Spike Recently As pointed out by an analyst in a CryptoQuant…
[Mar 6, 2023 7:30 AM] Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also…
[Mar 6, 2023 6:10 AM] The Bitcoin price is currently at an inflection point. While some analysts are predicting another price drop towards $20,000 or even lower, other analysts are currently talking about a buying opportunity. In this article, we have compiled the…
[Mar 5, 2023 9:13 PM] Bitcoin price found support near $22,000 and started a consolidation phase. BTC is trading in a range and facing many hurdles near $22,600. Bitcoin is struggling to gain pace for a move above the $22,800 resistance zone. The price is trading below…
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