With the recent crash under $61,000, the BTC price warns of a bearish continuation in the coming weeks. The growing bearishness in the crypto market warns of a canceled Uptober rally this year.
With no accompanying price movement, Bitcoin's open interest (OI) has recently surged, leaving many market participants confused. Rising open interest typically indicates increased market participation.
XRP faces a bearish outlook in both the BTC and USD pairs, with technical breakdowns suggesting a 25% drop against Bitcoin and a 15% decline versus the dollar by the end of 2024.
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins.
Bitcoin's price consolidates around $60,000 amid market uncertainty, with experts anticipating a significant move influenced by potential Fed rate cuts and US government Bitcoin sales.
The Irish Criminal Assets Bureau (CAB) is facing significant challenges in accessing €350 million or approximately $383 million in Bitcoin (BTC) seized from a former drug dealer.
Bitcoin ETFs have seen a significant surge in inflows, reaching $235.2 million on October 8, 2024, while Ethereum ETFs experience stagnation, highlighting diverging investor sentiment in the cryptocurrency market.
Nerves are jangling once again among Bitcoin investors as $BTC plummets $4,200 over the last 3 days. Price is holding above $60,000 currently.
Bitcoin price has dropped sharply, falling from $62,500 to around $60,900, as market sentiment shifts.
Matt Hougan, CIO di Bitwise, made a bold prediction: the price of Bitcoin could reach $80,000 by the end of 2024.
Uniswap's native token has defied the broader market sentiment, with a 6.5% daily increase.
Upbit is the largest crypto exchange in the Asian financial superpower of South Korea. The crypto exchange supports 214 coins and 372 trading pairs. It has nearly 5.72M monthly visits and a 24-hour trading volume of $1,184,877,458. In the last 24 hours, the exchange has experienced a 5.6% drop in its trading volume.
U.S. spot Bitcoin exchange-traded funds recorded their second consecutive day of net outflows on Oct. 9, with $30.59 million exiting the funds.
The cryptocurrency market shows signs of an incoming correction hours before the U.S. Consumer Price Index report is released. The global crypto market capitalization declined 3.3% in the past 24 hours, sitting at $2.22 trillion, per data from CoinGecko.
Despite the long-term prosperity of Bitcoin and the entire crypto industry, on-chain data shows more whale investors have been offloading their holdings.
Bitcoin faces a volatile trip among shifting liquidity conditions, with bulls getting squeezed first, new BTC price analysis predicts.
A top crypto market analyst recently hinted at a Bitcoin price rally to $150K, bolstering the market confidence. Meanwhile, the prediction comes as BTC fell below the $61K mark, noting a sharp decline amid a broader market downturn.
Hedge fund manager Hugh Hendry is betting on Bitcoin (BTC) and low interest rates next year. Hendry says there “always two ever-present tail risks” in a short volatility investment strategy, which aims to profit off decreases in market volatility by selling options.
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According to James Seyffart, an analyst at Bloomberg Intelligence, options on Bitcoin exchange-traded funds (ETFs) are expected to launch in the U.S. by the first quarter of 2025.
Following its brief stint above $66,000, the Bitcoin price fall had put it below multiple important levels. This allowed the bears to thrive as they reclaimed control of the largest cryptocurrency by market cap once again.
The cryptocurrency market is buzzing with speculation. After hitting an impressive high of $100,000 earlier in 2024, Bitcoin's recent price fluctuations have discussions about its next move.
Billy Markus reiterates that it is not Peter Todd as the HBO documentary claims.
In a recent episode of The Joe Rogan Experience, Joe Rogan sparked a spirited conversation about Bitcoin and NFTs. Speaking with his producer Jamie, Rogan voiced concerns about digital assets, likening NFTs to “fake money” and suggesting Bitcoin might also be risky.
An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.
The global digital assets market printed red indexes all around as Bitcoin (BTC) dipped below the $61,000 mark after struggling with the high selling pressure. Reports suggest seized crypto linked to the notorious PlusToken Ponzi scheme were moved to exchanges, sparking fears of potential selling pressure.
Landscape for Bitcoin miners is becoming increasingly complex as September brought a mixture of challenges and stability. Despite experiencing significant price fluctuations in Bitcoin (BTC), miners are navigating a path marked by declining balances and fluctuating revenues.
Amid recent Bitcoin corrections, the whales are taking an early exit. Recently, four whales that had withdrawn 8,510 from the Bitfinex Exchange in July and August took a small exit. The whales have deposited 1,500 BTC worth $92.95M back into the system in the last 30 hours.
MicroStrategy, the largest corporate holder of Bitcoin, is making headlines not only for its ongoing acquisitions of the cryptocurrency but also for its impressive financial performance. According to recent reports, the company's stock has surged significantly, outpacing Bitcoin's returns and capturing the attention of crypto enthusiasts and investors alike.
The recent Bitcoin price action appears to have caught the attention of market analysts, with a particular focus on its positioning between key psychological levels. A CryptoQuant analyst under the pseudonym “datascope” recently posted on the CryptoQuant QuickTake platform, providing an in-depth analysis of Bitcoin's current price movements.
After weeks of significant volatility and uncertainty, Bitcoin is currently at a turning point. The recent Federal Reserve interest rate cut, coupled with the escalating conflict between Iran and Israel, has led to erratic price movements, causing traders to navigate a landscape filled with anxiety.
Analysts are signaling a critical moment for Bitcoin, with warning signs flashing on its charts. As Bitcoin attempts to retest crucial support levels, it faces potential liquidations. According to analyst Josh of Crypto World, the Bitcoin market is currently in a precarious position, with key support levels holding but facing pressure from bearish indicators.
The crypto prices on Thursday sparked a bearish sentiment among market watchers globally. Bitcoin (BTC) price slipped back to the $60K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the red territory.
The Bitcoin Protocol has reached a milestone, with nearly 24,000 BTC locked, valued at $1.5 billion.
Bitcoin ETFs reported inflows totaling a staggering $235.2 million, marking a significant increase that has many experts buzzing. This rise comes on the heels of a somewhat slow start to the month, leaving investors eager to understand the implications for the market.
Bitcoin slides to $60,628 as ETF outflows rise and government BTC sale rumors intensify. CPI data could shape BTC's near-term price direction.
Bitcoin's exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite.
Bitcoin (BTC) had a volatile day on Monday, briefly touching $64,400 before pulling back to $62,800 within just an hour, amid broader market turbulence. The rapid fluctuations in the cryptocurrency market coincided with a sharp downturn in U.S. equities, particularly the S&P 500 and Nasdaq, both of which fell over 1%.
Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk.
Bitcoin could reach $67K driven by liquidity levels and the whales' shift.
Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run.
The Bitcoin critic's sarcastic suggestion ignited a heated debate about the cryptocurrency's value and future.
Bitcoin (BTC) is once again in the spotlight as exchange inflows reach their lowest levels of the year, raising questions about the cryptocurrency's future trajectory. Investors, including traditional financial institutions, are increasingly viewing Bitcoin as a long-term store of value rather than a quick profit tool.
Bitcoin (BTC) mining companies are demonstrating remarkable resilience despite a significant drop in revenues. Following the block reward halving in April 2024, daily mining revenues plummeted from $70 million to just $31 million.
Bitcoin price struggled to recover from early losses, trading under pressure around the $60,500 level. The downward trend is largely attributed to the U.S. government's plan to sell $4.38 billion of seized Bitcoin from the infamous Silk Road marketplace.
A CryptoQuant analyst has highlighted concerns about the lack of U.S. investor participation in Bitcoin recent rally.