-
Bitcoin and Ethereum Futures Close Lower on Friday, Down Over 10% This Week
Bitcoin and Ethereum Futures Close Lower on Friday, Down Over 10% This WeekAt the close of trading in New York on Friday, CME Bitcoin futures (BTC) settled at $52,980.00, down 5
-
Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?
Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?Bitcoin's price has taken another significant tumble, dropping below $54,000, marking a decline of over 4%. The second-largest cryptocurrency, Ethereum, saw an even steeper fall, exceeding 6%
-
Bitcoin plunges below $55,000: Can it hold $52,000?
Bitcoin plunges below $55,000: Can it hold $52,000?Bitcoin has experienced a recent decline, falling below $55,000 and testing a demand zone not seen since August. While this break has sparked market concerns, some analysts believe a support level might exist around $55,000, potentially pushing prices back towards $58,000
-
Ethereum Plunges Below $2,300, Reaching Lowest Point Since August 5th
Ethereum Plunges Below $2,300, Reaching Lowest Point Since August 5thOn September 6th, Ethereum fell to a low of $2,300, marking its lowest point since August 5th. The decline represents a near 3% drop in the past 24 hours
-
Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at Correction
Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at CorrectionBitcoin has been facing multiple headwinds recently, with declining trading volume, slowing ETF inflows, and historical data suggesting a potential correction in September, potentially pushing the cryptocurrency below the critical psychological level of $50,000.Cyrus Ip, Head of Content at Bybit exchange, stated that while the current market conditions suggest minimal resistance to a pullback below $50,000, new catalysts or headlines could rapidly shift market sentiment, especially in a low-liquidity environment
-
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertain
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin
-
The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and Macroeconomics
The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and MacroeconomicsFrom mid-March to the end of August, spanning over five months, the price of BTC oscillated repeatedly within the "new high consolidation zone," generating volatile market sentiment. During this period, global markets experienced volatile inflation and downward trends, ambiguous and clear expectations for US interest rate cuts, uncertain speculation about whether the economy would achieve a soft or hard landing, and significant market fluctuations triggered by different investors adjusting their positions as trends shifted
-
Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic Intensifies
Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic IntensifiesOn September 4th, Bitcoin prices continued to decline, briefly falling below $57,000, marking a one-month low. Bitcoin has dropped over 4% in the past 24 hours, with other major cryptocurrencies like Ethereum also experiencing significant declines
-
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
-
Bitcoin Recovers After Briefly Dipping Below $56,000
Bitcoin Recovers After Briefly Dipping Below $56,000September 4, 2021 - Bitcoin continued its decline today, briefly dipping below $56,000 before recovering to the $56,000 level.
-
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
-
Upside Down in Bitcoin Price on September 4: New Low Record
Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%