Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
[Jul 3, 2024 3:40 PM] Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing.
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Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
[Jul 3, 2024 12:30 PM] Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal…
Price analysis 7/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Jul 3, 2024 11:41 AM] Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?
Bitcoin Price Drops Below $60,000: Key Reason Explained
[Jul 3, 2024 11:00 AM] The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at…
Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”
[Jul 3, 2024 9:30 AM] Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million. …
Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
[Jul 3, 2024 9:17 AM] Bitcoin miners are showing signs of capitulation, an event that is typically tied to a market bottom following a 13% decline over the past 30-days.
Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst
[Jul 3, 2024 7:31 AM] BTC has already dropped 14% in four weeks.
US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday
What Bitcoin and the American Dream Have in Common
[Jul 3, 2024 7:00 AM] Bitcoin and America mean different things to different people. Both may have been captured by corporate interests. And both are all about freedom.
First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
[Jul 3, 2024 6:05 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
[Jul 3, 2024 5:53 AM] The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
[Jul 3, 2024 5:53 AM] Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion…
What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment
[Jul 3, 2024 5:11 AM] Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.
Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?
[Jul 3, 2024 2:30 AM] Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst…
Bitcoin Sinks Under $61K as One Trader Sticks to $150K Prediction This Year
[Jul 3, 2024 1:48 AM] U.S.-listed ETFs ended a five-day inflow streak with $13 million in net outflows on Tuesday.
Bitcoin gives up late June gains amid warning $60K holding is ‘lucky’
[Jul 3, 2024 12:49 AM] Bitcoin is coming full circle to remove any trace of last weekend’s BTC price run-up, and liquidity is waiting below $60,000.
Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance
[Jul 3, 2024 12:00 AM] An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has…
Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When
[Jul 2, 2024 9:00 PM] Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook…
Bitcoin Price Takes a Step Back: Analyzing The Recent Correction
[Jul 2, 2024 8:48 PM] Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500…
Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge
[Jul 2, 2024 8:00 PM] Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
[Jul 2, 2024 5:16 PM] Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining…
Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak
[Jul 2, 2024 3:30 PM] Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the…
Will Bitcoin Beat The Odds And Fly To $300,000 By 2025?
[Jul 2, 2024 2:00 PM] At press time, Bitcoin is within a bullish formation and firm, rejecting attempts for lower lows despite slumping by roughly 20% in June. Though there is hope that prices will trend higher in June, one analyst thinks BTC is walking on a tightrope…
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
[Jul 2, 2024 1:35 PM] Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a…
Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price
[Jul 2, 2024 12:30 PM] On-chain data shows that selling pressure from Bitcoin miners has recently slowed down. This is significant considering the impact it could have on Bitcoin’s price heading into the third quarter of the year. Bitcoin Miners’ Selling Pressure Has…
Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means
[Jul 2, 2024 11:00 AM] In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the…
Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June
[Jul 2, 2024 10:36 AM] Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
[Jul 2, 2024 10:34 AM] Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago…
Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024
[Jul 2, 2024 10:16 AM] Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin.
Bitcoin circles $63K as liquidity sparks hopes of 40% BTC price gains
[Jul 2, 2024 8:11 AM] Bitcoin stands to potentially gain big from global liquidity trends, analysis concludes, as the June BTC price downtrend ends.