Bitcoin miner selling pressure has fallen sharply, with BTC inflows from miners to Binance dropping to levels not seen since mid-2023. The shift matters because miner distribution is one of the market’s more persistent sources of structural sell-side pressure, and the latest data suggests that pressure has eased for now. In a post via X…
The Bitcoin price broke below $70,000 over the weekend, effectively erasing the gains from the previous week. This move puts the cryptocurrency in a perilous position as the bulls are now hard-pressed to find another major support or risk the decline going deeper from here. According to one analyst, Bitcoin bulls will have to reclaim…
Bitcoin price started a sharp decline from well above $72,000. BTC is now consolidating and might extend losses unless there is a close above $70,000. Bitcoin started a sharp decline below $71,200 and $70,500. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
The Bitcoin price today stabilized above $68,000 after briefly dipping to $67,900 earlier in the weekend. The quick rebound highlights strong buying interest, even as geopolitical tensions tied to the Middle East rattled broader markets. While altcoins such as BNB and Dogecoin declined more than 5%, Bitcoin showed relative strength and outperformed much of the…
Bitcoin (BTC) faces a critical test near $68K support as traders weigh the potential for a decisive liquidity sweep above $74K amid persistent volatility in the crypto market. Recent price action indicates that BTC is consolidating after retreating from $71,346 highs, reflecting a delicate balance between short-term accumulation and broader downward pressure. Analysts emphasize patience…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices. Analyst Explains What Is Happening With Bitcoin as Price Struggles…