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Bitcoin Market Rises: Q3 Report Reveals Performance and Future Trends
Key points:Bitcoin's quarterly price performance is poor, at -11.5%, but its performance so far this year is still better than most asset classes;As of the time of writing this article, the purchasing power of the United States, which drove the rise of Bitcoin in the first half of the year, has completely weakened;Trading volume, liquidity, volatility, and search trends continue to decline;The discount of annual grayscale on net asset value has decreased from -48% to -16%;The proportion of long-term holders holding Bitcoin has reached a historic high of over 76%;Bitcoin's native valuation still shows that Bitcoin is at the lower limit of value;The active address slightly increases, while the transmission volume (adjusted by the entity) continues to decrease;After the strong performance of Bitcoin prices in the first half of the year, the performance of Bitcoin in the third quarter was lackluster, with a month on month decline of 11
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Open your eyes! Today's cryptocurrency prices: How can BTC, SOL, and DOE disrupt the market?
Hello everyone, I am a local chicken!The cryptocurrency market has overall declined in the past 24 hours, with a market value drop of 1.91%, estimated at approximately $1
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Long term holders who accumulate Bitcoin earn $1.35 billion per month, unaffected by market stagnation
Although the Bitcoin market is currently in a sideways consolidation state, with price volatility gradually decreasing and maintaining around $27000, long-term Bitcoin ($BTC) holders are still actively accumulating this major cryptocurrency asset.According to data provided by blockchain analysis company Glassnode, long-term Bitcoin holders have added at least 50000 Bitcoins per month, with a total value exceeding $1
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Analysis of Bitcoin and Counterfeit Currency Price Trends: What are the Future Prospects of the Digital Currency Market?
The fluctuation of Bitcoin prices has affected counterfeit coins, with current trading slightly below the support level of $26800. The recent news has had a certain impact on market volatility
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The market is always born in despair, how long will Bitcoin have to retrace?
Yiming's Trading ExperienceAll content in this article is personal opinions and is for learning and communication purposes only. It is not used as an investment basis and should be operated based on it at your own risk
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Regulatory complexity of Ethereum ETFs: market outlook and social media sentiment
Analysts unanimously believe that although the cryptocurrency market has been plagued by poor liquidity, social sentiment can be a useful tool for tracking discussions around Ethereum's potential spot ETFs21Shares and ArkInvest jointly applied for Ethereum spot ETFs this month, which may have a profound impact on the US cryptocurrency market. Industry analysts quickly expressed their views on the broader impact
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Surprise! Ethereum (ETH) supply has skyrocketed by nearly $50 million, and will the market experience a major upheaval?
Hello everyone, this is Pipi~We haven't talked about the latest news about Ethereum in a long time. This morning, let's review the recent situation of Ethereum (ETH)?Latest news from ETH:At present, Ethereum (ETH) has increased by -3
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10.11 Bitcoin Market
Starting with multiple orders, what are you waiting for? The current price is 2700026888-26950-27050Stop profit 28800-29200 Stop loss 26800
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Is the cryptocurrency market facing a nightmare moment as the US dollar strengthens and Bitcoin plummets to $26500?
A report from a trading company pointed out that the sharp rise in the interest rate of 10-year treasury bond bonds in the past 16 years may lead to the sell-off of the stock market, which will have an impact on the special currency market.With the rise of interest rates and the US dollar, as well as the decline of the stock market, the price of Bitcoin has dropped to $26500
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LINK goes against market sentiment and Bitcoin (BTC) stagnates at $26500. What is the next step
Bitcoin failed to return to its $27000 level yesterday and has been stagnant at around $26500.The situation of counterfeit coins is not much better, and most large cap stocks have experienced slight losses
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Bitcoin has fallen below $10000 and the entire network has sold out 7 billion yuan. Is it a market crash or a new type of mining that is sucking blood?
Reporter | Zou LuhuiEdit|After experiencing a three month bull market, Bitcoin fell below $10000.According to the Coinmarketcap website, on the early morning of September 3rd, Bitcoin plummeted by over 10% in the short term, breaking below the $10000 mark and dropping as low as $9960, breaking a new low since July 27th, with a 24-hour drop of 9
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Will Bitcoin, Web3, and AI cryptocurrencies dominate the market in 2024?
Since the record high inflation level at the end of 2021 led to the central bank raising interest rates, the largest cryptocurrency bull market to date has ended in failure, and it has been two years since then. Web3 financing, NFT floor prices, and virtual universe frenzy dreams disappeared with the funds of billions of investors, as fraud, fraud, and hacking activities such as FTX and TerraLuna led to the collapse of cryptocurrencies, trustee bankruptcy, and ultimately a series of shocking arrest events