Bitcoin price shows “first signs of stability” after last week’s crash, says trader
After witnessing a crash, the crypto market is slowly walking on the recovery track as the market capitalization has surged to $2.13 Trillion, and the trading volume has...
The price of the flagship cryptocurrency plunged last week to little over $53,000 after a massive $400 billion sell-off hit the cryptocurrency market that came after BTC dropped below its 200-day moving average for the first time in 10 months, but Bitfinex has suggested that “a potential local...
Bitcoin does not have enough demand in the short term to sustain a rally beyond $60k. Traders can prepare for a bearish reversal on Monday but should watch out for volatility. Bitcoin [BTC] fell by 16.2% between Monday, the 1st of July, and Friday, the 5th of July. After reaching the lowest point at $53.5k, BTC bounced by 9.33% over the next day and a half. The sharp downward price move might see a short-term range formation established. AMBCrypto analyzed the liquidation charts...
Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT’s dominance to determine Bitcoin’s market top.
The Ripple Labs-backed cryptocurrency, XRP, has again turned heads across the broader crypto market. On-chain data revealed that a whale has accumulated 30 million coins in the past...
In a recent video update, crypto analyst Ivan Liljeqvist, better known as the host of the Ivan on Tech YouTube channel, provided a comprehensive analysis of the current Bitcoin market situation, expressing his thoughts on the recent price drops, potential recovery, and broader implications for the cryptocurrency market....
Bitwise CIO predicts $15 billion inflow into Ethereum ETFs within 18 months. Ethereum ETFs expected to attract significant institutional investment, bolstering ETH’s market position. Anticipation for the launch of Ethereum [ETH] ETFs has reached a fever pitch, with many experts speculating about potential launch dates. Industry analysts are increasingly confident that ETFs could debut as soon as mid-July. Recent developments suggest that multiple applicants will submit their amended S-1 forms by 8th July, as reported by Bloomberg. Nate Geraci, president of The ETF Store,...