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Bitcoin Plunges to Lowest Since August: What Triggered the Sell-Off?
Bitcoin Plunges to Lowest Since August: What Triggered the Sell-Off?Bitcoin suffered a sharp decline on Tuesday evening, falling below $59,000 and reaching its lowest price since August 19th. Ethereum also tumbled, with Ether prices dropping nearly 10%
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Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk Remains
Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk RemainsBitcoin:The 4H chart for Bitcoin shows that the price has broken below the lower boundary of the range as expected, and there are no signs of a rebound yet. Yesterday we mentioned that the supply within the current range is biased towards selling, so it's highly likely that the price will break below the bottom of the range
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Bitcoin ETFs See Net Inflow of 3,622 BTC, While Ethereum ETFs Witness Net Outflow of 4,926 ETH
Bitcoin ETFs See Net Inflow of 3,622 BTC, While Ethereum ETFs Witness Net Outflow of 4,926 ETHAccording to Odaily Planet Daily, Lookonchain data shows that on August 26th, U.S
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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
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After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?
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
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Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX Recently
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
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Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price Gains
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
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Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?
Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0
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Bitcoin and Ethereum Futures Close Lower on Thursday
Bitcoin and Ethereum Futures Close Lower on ThursdayAt the close of trading in New York on Thursday, the CME Bitcoin futures contract (BTC) settled at $56,775.00, down 3
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Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
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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
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Ethereum Crashes Below $2,500! Intraday Drop Exceeds 5%
Ethereum Crashes Below $2,500! Intraday Drop Exceeds 5%Ethereum's price has taken a sharp dive today, falling over 5% to trade at $2,527 per coin.