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Trump's Election Odds Are Unrelated to Bitcoin's Price: Data Reveals the TruthWhile whispers abound about a strong positive correlation between Bitcoin's (BTC) recent price performance and the odds of Republican candidate Donald Trump winning the US presidency, market data reveals the truth: there's no clear connection between the two.Since Trump met with Bitcoin miners in mid-June, crypto market experts have linked the Republican candidate's odds in betting markets to the price of Bitcoin

After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?BTC has closed two consecutive weeks in the green after breaking below $85,000, but the rebound has failed to break above the 0.618 resistance level of $62,000, currently remaining in a range-bound consolidation phase

Bitcoin Futures Prices Rise, Ethereum Futures Prices FallAt the close of trading in New York on Tuesday (August 20), CME Bitcoin futures (BTC) settled at $59,450.00, up 0

Bitcoin Bulls Gearing Up, $63,000 Key ResistanceTwo weeks ago, Bitcoin prices plunged to $49,000, dealing a heavy blow to miners. Profits dwindled significantly, forcing many miners to exit the market, particularly smaller ones who found it difficult to keep up

Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market

Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX RecentlyLookonchain monitoring data reveals that a whale acquired $1 million worth of ETH during the Ethereum ICO at a price of $0.31

Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance

Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end

Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply

Ethereum Price Prediction: Future Trajectory for 2024 and BeyondEthereum's market capitalization closely follows Bitcoin, having traded neck and neck with it at major turning points over the past year. However, Ethereum has lagged behind Bitcoin in the past year, recording a 31

$2,300 Could Be a Strong Support Level for Ethereum

Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future DirectionDogecoin [DOGE] has recently witnessed a 35% surge in large-transaction volume, stirring the cryptocurrency market. This trend is being interpreted as a sign of potential price volatility