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Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession Fears
Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified
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Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key Level
Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key LevelAccording to ChainCatcher, if Bitcoin drops below $55,000, the cumulative liquidation intensity of long positions across major CEXs will reach $746 million. Conversely, if Bitcoin breaks above $58,000, the cumulative liquidation intensity of short positions across major CEXs will reach $900 million
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Bitcoin's price decline sparks market concern, risk assets fall across the board
Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly
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Bitcoin Plunges to One-Month Low as Traders Await Nonfarm Payrolls Data
Bitcoin Plunges to One-Month Low as Traders Await Nonfarm Payrolls DataSINGAPORE, Sept. 4 (Caixin) - Bitcoin hovered near a one-month low on Thursday, as economic concerns triggered a broad sell-off in global risk assets
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Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index Release
Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index ReleaseAt the close of trading in New York on Tuesday, the CME Bitcoin futures contract (BTC) settled at $58,485.00, down 1
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Gas in Ethereum: Understanding Limit, Used, and Price
Gas in Ethereum: Understanding Limit, Used, and PriceIn Ethereum, Gas is a metric that measures the computational resources required to execute smart contracts and is a crucial component of transaction fees. This article delves into the three key concepts of Gas Limit, Gas Used, and Gas Price, explaining their interrelationships and their impact on the Ethereum ecosystem
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Cryptocurrency Millionaires Surge as Bitcoin ETFs Fuel Market Boom
Cryptocurrency Millionaires Surge as Bitcoin ETFs Fuel Market BoomAs of August 2024, the number of cryptocurrency millionaires worldwide has increased by 95% year-over-year, reaching 172,300 individuals. Notably, the number of individuals holding over $1 million in Bitcoin assets has grown by 103% to 85,400
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Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111
Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1
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Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500
Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500Binance Coin (BNB) has dropped over 10% in the past week, currently trading below its downtrend line from August 23. Technical indicators like the MACD and DMI suggest that BNB could face further short-term declines, as the bearish momentum remains strong
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Bitcoin in September: Last Dip or Rebound Prelude?
Bitcoin in September: Last Dip or Rebound Prelude?Bitcoin continued its downward trend on Saturday, breaking below the descending channel line, sparking market concerns about further declines. The market expects Bitcoin to drop to around 57900 or 57500, but it is recommended to wait for the bottom formation to appear before considering buying
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Bitcoin Panic: Will September 5th Bring Another Crash?
Bitcoin Panic: Will September 5th Bring Another Crash?Bitcoin plunged 8.6% in August, making it the second worst monthly closing of 2024, only behind April's 14
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Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?
Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?Following the positive news last night, Bitcoin's price directly broke through the small parallel channel, subsequently embarking on a series of hammering actions, leading to significant losses for high-leverage long and short positions. Many retail investors believed this was merely a temporary fluctuation, unaware of the complexity that lay ahead