Bitcoin continues to trade below the $70,000 level as the broader crypto market navigates another period of heightened volatility. After several attempts to regain upward momentum, price action has remained unstable, reflecting ongoing uncertainty across global financial markets. Despite these short-term fluctuations, structural indicators suggest that bigger changes may be occurring beneath the surface of…
Certain Bitcoin fundamentals suggest the flagship crypto token is well primed for further growth in this bull market. However, its recent price decline has sparked concerns about the reason for this downward trend despite everything pointing to a sustained upward movement. Bitcoin Supply On Exchanges Hit 4-Year Low Data from the on-chain analysis platform CryptoQuant…
Bitcoin has pushed above the $97,000 level, extending a recovery that has brought short-term relief to a market weighed down by weeks of uncertainty. While the move has reignited optimism among some investors, a large share of analysts remains cautious, arguing that the rally could still be a counter-trend bounce within a broader bearish setup…
The way bitcoin holders move the BTC in and out of their wallets can often be a strong indicator of where the market might be headed next. Not just the movements of the asset, but where they are being moved to. An example of this is when more investors are moving their holdings to exchanges,…
On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the…
On-chain analytics platform Glassnode has revealed the number of Bitcoin supply that is currently sitting at a loss. This comes as the BTC price continues to trade below the psychological $90,000 level following its crash, which began last month. Here’s The Amount Of Bitcoin Supply At A Loss In a report, Glassnode revealed that the…
Bitcoin is once again gaining momentum, now trading above the $115,000 level after a modest surge yesterday. The move comes as markets price in growing expectations of a US Federal Reserve interest rate cut at its upcoming meeting next week. Risk assets, including crypto, have responded positively to the prospect of looser monetary policy, though…
Bitcoin is facing a critical test as volatility returns and price action remains unstable around the $90,000 level. Bulls are attempting to defend this psychological zone after recent turbulence, but confidence across the market is still fragile. With uncertainty dominating short-term sentiment, many traders are treating every bounce as a potential trap rather than the…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Este artículo también está disponible en español. Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces…