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BTC Price Analysis: Why Is Bitcoin Down Today?

[Jul 18, 2023 2:00 AM] The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again…

Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?

[Jul 18, 2023 12:43 AM] Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant…

Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally

[Jul 17, 2023 9:20 PM] Bitcoin price is again moving lower toward the $29,200 level. BTC must surpass $30,500 to attempt a fresh increase in the near term. Bitcoin is showing bearish signs and trading well below the $30,500 zone. The price is trading below $30,300 and…

29% Of Bitcoin’s Circulating Supply Is Now Presumed Lost Forever

[Jul 17, 2023 1:00 PM] According to recent findings from blockchain analytics company IntoTheBlock, around 29% of the total Bitcoin circulating supply is now presumed lost forever after remaining stagnant for over five years. Bitcoin was designed to be scarce, with only…

Bitcoin Miners Selling Again, Will Price Crash Again?

[Jul 17, 2023 9:30 AM] On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a…

Big Bitcoin Move Ahead: Bollinger Bands See Extreme Squeeze

[Jul 17, 2023 5:30 AM] Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in…

Bitcoin Price Aims Fresh Increase To $31K, This Support Is The Key

[Jul 16, 2023 8:54 PM] Bitcoin price failed to surpass $31,800 and corrected most of its gains. BTC is now attempting a fresh increase from the $29,950 support zone. Bitcoin is consolidating losses above the $30,000 support zone. The price is trading below $30,500 and…

Why Is Bitcoin Price Up Today?

[Jul 14, 2023 1:55 AM] The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to…

XRP Price Surges After Court Victory, Further Gains To Follow?

[Jul 13, 2023 12:00 PM] On July 13, Ripple triumphed significantly in the United States District Court for the Southern District of New York on the XRP case. Judge Analisa Torres ruled in favor of Ripple in a case originally initiated by the Securities and Exchange…

Circle To Lay Off Staff And Refocus On Core Activities

[Jul 13, 2023 9:00 AM] Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by…

Bitcoin MVRV At Critical Level: Will A Break Happen?

[Jul 13, 2023 8:00 AM] On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place? Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now As pointed out by an analyst in a…

PEPE Price Drops More Than 60% From ATH – What Lies Ahead?

[Jul 13, 2023 3:49 AM] The price of PEPE coin has experienced a significant decline, plummeting over 60% since reaching its peak on May 5. This substantial downturn has dealt a heavy blow to optimistic investors who were aiming to capitalize on their impressive…

Why Is Bitcoin And Crypto Down Today?

[Jul 13, 2023 2:00 AM] Within the last 24 hours, Bitcoin and the entire crypto market are experiencing a slight downturn, leaving investors wondering about the reasons behind this dip. Bitcoin briefly rose to $31,009 before falling to 30,254 within a few hours. Ether…