-
Bitcoin's Breakout Above $73,800 Hinges on Bulls Overcoming Sell Pressure
Bitcoin's Breakout Above $73,800 Hinges on Bulls Overcoming Sell PressureWhile Bitcoin traders are optimistic about the price breaking free from its recent slump and surging to the $73,800 local resistance level, the reality is less rosy. Buyers need to show considerable conviction before Bitcoin can successfully break through these areas, which could trigger a significant amount of liquidations
-
Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates Strength
Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry
-
Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry Updates
Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry UpdatesThirteen out of the top 25 ETFs launched in the US this year are related to Bitcoin or Ethereum, with four spot Bitcoin ETFs taking the top four spots on the list of ETFs attracting the most capital inflow in the US this year. Nate Geraci, President of TheETFStore, said on social media, "Out of approximately 400 new ETFs listed in the US this year, the top four in terms of year-to-date capital inflow are all spot Bitcoin ETFs
-
Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 Liquidated
Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 LiquidatedThe cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6
-
Bitcoin Recovers Above $60,000, 24-Hour Decline Narrows
Bitcoin Recovers Above $60,000, 24-Hour Decline NarrowsAccording to ForesightNews, Bitcoin's price has climbed back above $60,000, currently trading at $60,081. The 24-hour decline has also narrowed to 4
-
Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder Breakout
Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3
-
Bitcoin futures drop over 1%, Ethereum futures dip slightly
Bitcoin futures drop over 1%, Ethereum futures dip slightlyAt the close of trading in New York on Thursday (August 22), the CME Bitcoin futures BTC main contract closed at $60,770.00, down 1
-
Bitcoin Surges Past $61,000: Is the Bull Run Over?
Bitcoin Surges Past $61,000: Is the Bull Run Over?On Wednesday (August 21), Bitcoin broke through the $61,000 mark. Market watchers are closely eyeing Federal Reserve Chair Jerome Powell's comments on interest rates on Friday, as any hints of a 50 basis point cut could trigger market volatility
-
Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows Slow
Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows SlowIn its first month of listing, the total outflows from nine Ethereum spot ETFs have exceeded $430 million, with Grayscale's ETHE experiencing the most significant outflows, reaching $2.43 billion
-
$2,300 Could Be a Strong Support Level for Ethereum, But Don't Overlook the Risk of a Bear Trap
$2,300 Could Be a Strong Support Level for Ethereum
-
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers Hope
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario
-
Ethereum Price Hovers Around $3,100: Can ETFs Avoid a Dip Below $3,000?
Ethereum Price Hovers Around $3,100: Can ETFs Avoid a Dip Below $3,000?Ethereum's price fluctuated around the $3,100 level on August 1, 2024, as the market reacted negatively to the Fed's pause on interest rate hikes. The Fed's rate pause, which had initially spurred ETH's surge to $3,100, triggered negative reactions in risk asset markets, including stocks and cryptocurrencies