Recent market fluctuations have seen Bitcoin’s price drop significantly, largely attributed to the potential interest rate hike from the Bank of Japan (BoJ). Arthur Hayes, former CEO of […]
Bitcoin’s Price Trajectory: Potential Breakout Near $88K Resistance
Bitcoin’s price hovers near the key resistance level of $88,200 as traders contemplate its future trajectory. Current price sits at $86,031, with support confirmed around $82,500 based on […]
Copper, Silver, and Gold Price Surge Could Indicate Positive Trends for Bitcoin
A recent analysis by Glassnode co-founder on X (formerly Twitter) sheds light on the historical correlation between precious metals like copper, silver, and gold. According to this expert, […]
Bitcoin Plunges Below $87,000: China Crackdown Sparks Market Shockwave
Bitcoin experienced a sharp decline, plummeting below the crucial $87,000 level and dragging the broader cryptocurrency market into deep losses. This downturn was triggered by intensified regulatory pressure […]
Bitcoin’s December Close: A Bullish Signal Amidst Volatility
Bitcoin closed its November with a notable price action, defying market uncertainty. Despite the historical volatility of December, the asset continues to display bullish signals. Analysts highlight Bitcoin’s […]
Bitcoin Plummets Amidst Speculation of BoJ Interest Rate Hike
Arthur Hayes, prominent crypto trader, has linked Bitcoin’s recent decline to the Bank of Japan’s potential interest rate hike in December. This anticipation has sparked fluctuations in the […]
Bitcoin Suffers Biggest December Start in Four Years
Bitcoin opened December with a significant downturn, dropping 4.85% at the start of the month. This marks its worst beginning to December since 2019, falling far below typical […]
Bitcoin Breaks $91,000 Barrier: Market Recovers Amidst Volatility and Fear
After a sharp decline that saw Bitcoin fall below $81,000, the leading cryptocurrency has regained strength. Bitcoin now trades above $91,000, gaining 4.18% in the last 24 hours. […]
Bitcoin Mirrors 2022 Bear Market, Correlation Soars to Record High
Bitcoin is exhibiting alarmingly similar behavior this year to its bearish market in 2022, with the correlation between BTC price and the 2022 bear market now at an […]
Bitcoin Takes Plunge of 5% in Sudden Market Crash
Bitcoin experienced a sharp downturn this Sunday, plummeting nearly 5% within just three hours. While it had been consolidating around $91,500 for much of the weekend, a sudden […]
Bitcoin Faces Volatility: Can It Break $91K to Climb Further?
Despite a positive stock market and rising gold prices, Bitcoin (BTC) failed to surpass $93,000. Traders are now searching for the catalyst to drive sustainable bullish momentum for […]
Crypto Market Takes Hit: What’s Next for Bitcoin & Altcoin Prices?
Last week brought a surge of optimism, as rate-cut expectations strengthened, with CME futures pricing an 87% chance of a December rate cut. However, cryptocurrency markets experienced a […]
Crypto Trading Volumes Plunge to Six-Month Low
November saw a significant slump in cryptocurrency trading volume, dropping to a six-month low of $1.6 trillion. This decline was mainly driven by heightened regulatory pressure and deleveraging […]
Bitcoin Sale Only If Funds Dry Up, Strategy CEO Warns
Strategy CEO Phong Le has warned investors that Bitcoin holdings may be sold as a last resort if the company’s net asset value (NAV) falls below its multiple […]
Bitcoin Takes a Plunge Below $90,000 Amid DeFi Exploit Concerns
A recent exploit in the Yearn Finance platform has sent ripples through the cryptocurrency market, causing Bitcoin to plunge below $90,000. This incident, which impacted yETH liquidity pools […]