-
Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?
Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?Ethereum has been facing a challenging period lately, with DeFi developers clashing with Vitalik Buterin, and numerous community members expressing their dissatisfaction with the ETH founder, urging him to leave his girlfriend and focus on driving prices up. However, amidst these challenges, Ethereum experienced a significant rebound fueled by the Federal Reserve's recent interest rate cut, surging from below $2400 to $2500, even briefly surpassing $2600, bringing joy to many holders
-
Bitcoin and Ethereum 4H Chart Analysis: Oscillation and Correction Play
Bitcoin and Ethereum 4H Chart Analysis: Oscillation and Correction PlayBitcoin is currently in a weak range-bound movement above the support level. After rebounding from the support level, the subsequent trend and trading volume are somewhat weak
-
Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?
Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance
-
Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?
Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?Bitcoin traded sideways near $63,000 yesterday (20th) until it briefly broke through $64,000 after the Bank of Japan announced to maintain interest rates unchanged around 11 am. However, selling pressure quickly emerged, pushing the price back down to around $63,000, retesting the $62,964 support level
-
Bitcoin Retests Support, Ethereum Continues to Climb, Liquidations Across Exchanges Exceed $140 Million
Bitcoin Retests Support, Ethereum Continues to Climb, Liquidations Across Exchanges Exceed $140 MillionYesterday, Bitcoin briefly surpassed $64,000 before falling back to around $63,000 to test support levels. Meanwhile, Ethereum exhibited strong performance, breaking through $2,500 yesterday morning and continuing its climb this morning, currently trading at $2,561
-
Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate Cut
Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate CutBitcoin, once a quiet code, has become a hot topic among global investors. Like a wild horse, it gallops through financial markets, soaring to new heights at times, plummeting to new lows at other times, leaving everyone baffled
-
New York Close on Friday: CME Bitcoin Futures Edge Lower but Remain Up for the Week
New York Close on Friday: CME Bitcoin Futures Edge Lower but Remain Up for the WeekCME Bitcoin futures, the BTC flagship contract, closed at $62,940.00 on Friday in New York, down 0
-
Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 Next
Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 NextEthereum price has continued its upward momentum after breaking through the $2,420 resistance level, currently trading close to $2,500. The price has been on a consistent upswing since overcoming the $2,320 resistance level
-
Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?
Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?The Federal Reserve announced a rate cut today, prompting a rapid surge in Bitcoin's price, which broke through the $61,000 mark and briefly touched $61,500, showcasing strong momentum. Although it has retreated to around $60,000 overnight, the market remains optimistic
-
Is Bitcoin poised for a strong bull run? CaprioleInvestments predicts a return to $64,000
Is Bitcoin poised for a strong bull run? CaprioleInvestments predicts a return to $64,000CaprioleInvestments predicts that Bitcoin is primed to resume its strongest bull run due to a perfect storm of macroeconomic shifts and standard cyclical timing. As the Fed lowers rates, the price of Bitcoin is expected to return to $64,000 "very soon
-
Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?
Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?Analyst AliMartinez recently posted a blog on X platform using data from IntoTheBlock to analyze Ethereum's current investor cost basis distribution. He pointed out that Ethereum could decline to $1,800 if it breaks below the $2,300 - $2,359 support level
-
Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs