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Bitcoin has returned to an upward trajectory, with the asset posting a 1.7% gain in the last 24 hours to reach $109,505. This marks a 4% increase in the past week, placing the cryptocurrency less than 2% below its all-time high of $111,000 set last month. The move follows a period of subdued market activity,… Continue reading Why Bitcoin’s Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals
On-chain data shows the veterans of the Bitcoin market are taking 89% less profits compared to the May peak, despite prices being similar now. Bitcoin Realized Profit For 1Y+ Hands Is Relatively Low Right Now In a new Realized Profit” refers to an indicator that measures, as its name implies, the amount of profit that… Continue reading Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89%
Bitcoin (BTC) is trying to reclaim a crucial area amid its recent price recovery, which could propel the flagship crypto toward new highs. Some analysts suggested that BTC is preparing for the “final resistance,” while others warned that it still risks a potential pullback to lower levels. Bitcoin Rally Eyes Next Resistance Bitcoin has finally… Continue reading Bitcoin Eyes New Highs As Price Retests $109,000, But Analyst Warns Of Potential Pullback
With the recent Ethereum price trend, a crypto analyst has pointed out that the altcoin could be looking to stage a similar rally to what was seen with Bitcoin back in 2021. Crypto analyst TradingShot pointed out the similarities in a recent analysis and showing where the price could go if it does play out… Continue reading Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target
Bitcoin’s price shook off last week’s dip and climbed sharply on Tuesday morning in Asia, topping $110,000 briefly before settling around $109,450. Traders rushed back in after the asset dipped close to $100,000, feeding a sharp rebound that leaves Bitcoin just 2.8% shy of its record high. A blend of forced liquidations, surging derivatives volume,… Continue reading Bitcoin’s $110K Sprint Coincides With Record-Low Exchange Reserves
Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from… Continue reading Chainlink Cross-Border Play Expands To Hong Kong–Australia Money Movement
As Bitcoin (BTC) came close to slumping below the psychologically important $100,000 mark last week, the short-term holders (STH) cohort started to show signs of weakening conviction in the leading cryptocurrency, raising fears of a deeper price correction. Bitcoin STH Fear Resurfaces According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin STH’s net… Continue reading Bitcoin On-Chain Warning: Short-Term Holder Selling Accelerates Amid Price Correction
Bitcoin has resumed its upward trajectory, registering a modest 1.6% gain over the last 24 hours to trade at $107,428. The recovery comes after last week’s dip toward $100,000 levels, which had been triggered by market-wide volatility and profit-taking. While BTC remains approximately 4.2% below its all-time high of $111,000 reached last month, the weekly… Continue reading On-Chain Data Flashes Bullish: Is Bitcoin Ready for a $110K Comeback?
On-chain data shows the exchanges recently received a large amount of Bitcoin inflows, but so far, the asset’s price has only been going up. Bitcoin Has Seen A Spike In Exchange Inflows Recently In a new Exchange Netflow is an on-chain indicator that keeps track of the net amount of the asset that’s moving into… Continue reading Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows
The market’s leading cryptocurrency, Bitcoin (BTC), experienced a notable spike on Monday, surging past the $108,000 mark after a period of consolidation between $100,000 and $106,000 for the past week. This surge comes as key officials from the United States and China prepare for critical trade negotiations in London, aimed at addressing ongoing tensions and… Continue reading Bitcoin Skyrockets Past $108,000 Amid US-China Tariff Discussions