-
New York Close on September 18: Bitcoin Futures Rise Over 3%, Ethereum Futures Also Increase
New York Close on September 18: Bitcoin Futures Rise Over 3%, Ethereum Futures Also IncreaseOn Tuesday, September 18, the CME Bitcoin futures contract, BTC, closed at $60,200.00, up 3
-
Overnight BTC Formed a Doji: A Precise Gauge of Market Sentiment
Overnight BTC Formed a Doji: A Precise Gauge of Market SentimentLast night, before the US inflation data was released, BTC surged briefly to $58k. However, within two hours of the inflation data release, bears attacked, pushing the price down to $55
-
Is a Bitcoin Bull Run Imminent? Historical Data and Fundamentals Offer Clues
Is a Bitcoin Bull Run Imminent? Historical Data and Fundamentals Offer CluesWhile recent market volatility has led some analysts to adopt a pessimistic outlook on Bitcoin's price trajectory, a deep dive into its fundamentals and historical data reveals some encouraging signals.Bitcoin's price fluctuations have been a subject of intense scrutiny in recent years, leaving many wondering about its future course
-
Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?
Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?The cryptocurrency market is currently in a state of doldrums, with price action driven primarily by supply and demand factors rather than fundamentals. Ethereum (ETH) has significantly underperformed other major cryptocurrencies, with many analysts attributing the underperformance to declining Ethereum revenues post-the Cancun upgrade and the token's inflationary dynamics
-
Is Ethereum in a "Minor Crisis"? Data Suggests Strong Upward Potential for ETH Price
Is Ethereum in a "Minor Crisis"? Data Suggests Strong Upward Potential for ETH PriceDespite some external doubts about Ethereum's future development following milestones like its "10th Anniversary" and the approval of spot ETFs, a series of key data indicators show that Ethereum's price still has significant upward potential.Funding Rates Hint at Impending Price SurgeEthereum (ETH) prices have consistently displayed signs of potential upside, and funding rates suggest that this may just be the calm before the storm
-
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?Dogecoin (DOGE) is at a crucial point after encountering resistance at the $0.09149 level
-
Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest Decline
Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest DeclineBitcoin network's hash rate remains near all-time highs with miners continuing to invest in new hardware despite declining miner revenue, demonstrating their unwavering confidence in the network. However, interactions between investors and exchanges are showing a declining trend, with overall trading volume shrinking, indicating waning market participant interest
-
Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 Climbs
Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies
-
Trump's Debate Performance Weak, Bitcoin Price Plunges
Trump's Debate Performance Weak, Bitcoin Price PlungesOn September 10th, local time, former US President and Republican presidential candidate Donald Trump participated in a televised debate with US Vice President and Democratic presidential candidate Kamala Harris, hosted by ABC in Philadelphia. From the outset of the debate, traders seemed to believe that Trump had not gained much ground
-
The September Curse: Why Does Bitcoin Always Underperform in September?
The September Curse: Why Does Bitcoin Always Underperform in September?September has become a haunting spell for Bitcoin, a curse that seems to linger. Since its inception in 2010, Bitcoin has averaged a 4
-
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5
-
Bitcoin and Ethereum Futures Rise in New York Afternoon Trading
Bitcoin and Ethereum Futures Rise in New York Afternoon TradingOn Tuesday, September 10th, CME Bitcoin futures (BTC) settled at $57,770.00, up 0