-
As Bitcoin (BTC) falls to its long-term support level, purchasing sentiment declines
Bitcoin traders and short-term speculators have always been 'buying on dips', but this sentiment seems to be weakening at the moment.On May 26th, on chain analysis provider Santiment observed that Bitcoin traders often purchase short-term, small cryptocurrency prices, but are hesitant to purchase long-term, larger price drops
-
Intraday drop below $22000! Experts say Bitcoin will enter a long-term downward channel
On the morning of June 14th, Bitcoin fell short of the $22000 mark in intraday trading, with a quote of $21904 per coin as of 11:34, which is already the lowest level since the end of 2020.Pan Helin, co director and researcher of the Research Center for Digital Economy and Financial innovation of the International Joint Business School of Zhejiang University, told the reporter of Shell Finance that this round of sharp drop in Bitcoin is because the virtual currency itself is a risky asset
-
Is Bitcoin officially ushering in a bull market with a surge in search volume and profits for long-term holders?
Recently, the cryptocurrency market has shown promising growth, with Bitcoin reaching its highest point of$31043, although the price subsequently rebounded, it ultimately remained volatile at a level close to $30000.The rise in the market has provided cryptocurrency holders with more significant profit value:Data display,The long-term holders of Bitcoin have made profits for the first time in nearly a year
-
Dog coin holders now have long-term control over $3.6 billion worth of DOGE
According to the latest data, the number of people planning to hold the popular meme cryptocurrency dog coin for a long time has been gradually increasing since 2023.According to IntoTheBlock data, despite a slight increase of 4% in the past week, over 60% of dog coin holders have made profits in their investments, while approximately 34% have lost money