Tag Archives: btcusd

Bitcoin Maintains Market Dominance With $42 Million In Inflows

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Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key highlights of the week was Bitcoin’s strong performance in attracting investor interest. After… Continue reading Bitcoin Maintains Market Dominance With $42 Million In Inflows→

Bitcoin Recovers To $61,000, Here Are The Possible Reasons

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Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during the past few days, Bitcoin has finally shown some momentum in the last… Continue reading Bitcoin Recovers To $61,000, Here Are The Possible Reasons→

Grayscale Exec Predicts Bitcoin Surge No Matter Who Wins US Election

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Zach Pandl, Grayscale Investments’ managing director, has boldly predicted that the price of Bitcoin will surge regardless of who wins in the upcoming US presidential election. He said this potential increase is because of macroeconomic trends, most especially pertaining to the assumed depreciation of the US dollar. According to Pandl, the fact that Bitcoin has… Continue reading Grayscale Exec Predicts Bitcoin Surge No Matter Who Wins US Election→

Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens

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A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection would occur only when certain conditions are met.  Bitcoin Could Rise To $100,000 In an X (formerly Twitter)… Continue reading Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens→

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?

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On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, realized losses have started to exceed profits… Continue reading Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?→

Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move

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As the Bitcoin price consolidates below the $60,000 threshold, the market has been characterized by a mix of indicators and technical levels, leading to a divided forecast and heightened uncertainty. Mixed Signals Cloud Bitcoin Price Trajectory According to Bitcoin maximalist Mark Cullen, the current Bitcoin price action presents a complex technical picture. He suggests that… Continue reading Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move→

Bitcoin Price Trims Gains: Is The Recovery Losing Steam?

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Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend… Continue reading Bitcoin Price Trims Gains: Is The Recovery Losing Steam?→

Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst

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The month of August has been largely uneventful for Bitcoin so far, with the premier cryptocurrency having struggled to reclaim the $65,000 price mark since August 2. Currently, Bitcoin is slightly below $60,000 as the bulls and bears seek to grab control in what has been a range-bound market for the past week. Interestingly, CryptoQuant… Continue reading Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst→

Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows

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The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in… Continue reading Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows→

Bitcoin Falls From $60,000 With US Transfer Of 10,000 BTC: Vital Levels To Monitor

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On Wednesday, the crypto market experienced a wave of volatility as news broke that the US government had transferred a significant amount of Bitcoin seized from the infamous Silk Road marketplace to the Coinbase exchange. Massive Silk Road Bitcoin Influx To Coinbase According to on-chain data tracker Arkham, the US government recently moved 10,000 Bitcoin… Continue reading Bitcoin Falls From $60,000 With US Transfer Of 10,000 BTC: Vital Levels To Monitor→