On-Chain Data Tips Bitcoin To Peak At $120,000 – But On This Condition

Bitcoin prices have registered impressive gains in recent weeks amidst an ongoing price rebound. Since dipping below the $75,000 mark in mid-April, the asset’s price has jumped by over 37.5% to trade as high as $105,490.  While the BTC market appears to be cooling off, renowned crypto analyst Ali Martinez has tipped the premier cryptocurrency… Continue reading On-Chain Data Tips Bitcoin To Peak At $120,000 – But On This Condition

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency. Bitcoin Institutional Investors Withdraw For The Fifth Straight… Continue reading Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warns Of Potential Downside

Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days,  the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark.  As expected, such negative performance… Continue reading Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warns Of Potential Downside