Cryptocurrency Analysis and News Portal
Bitcoin’s price rally mirrors investor optimism, with the Fear and Greed Index reaching highs not seen since November 2021. What’s next? Bitcoin’s (BTC) price trajectory from October to early November exhibits a commendable uptrend, marking approximately a 34% increase from the $27,000 range at the start of October to a 16-month
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Data shows that long-term Bitcoin (BTC) holders are still holding strong despite the modest price decline. According to a Nov. 2nd tweet by crypto fund founder Dylan LeClair, 88.5% of the total Bitcoin supply has not moved in over three months. This indicates that the majority of Bitcoin holders are not
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A broad selloff has hit cryptocurrency markets over the past 24 hours, with the overall market capitalization falling nearly 3% to $1.27 trillion. The pullback comes after digital asset prices rallied strongly through October, with greed sentiment recently hitting two-year highs according to the Crypto Fear and Greed index. According to
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More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin (BTC) surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the
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At 4.9%, the yield on the U.S. 10-year Treasury note is at least ten basis points higher than where it was a day before Hamas attacked Israel on Oct. 7. In other words, the price of the 10-year note has declined, a sign of investors seeking safety in other assets.
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Analysts suggest that Bitcoin’s recent surge could be driven by an ongoing liquidity shortage and declining stablecoin market cap. The ongoing liquidity shortage in the cryptocurrency market has been significantly impacting Bitcoin’s price, which has experienced dramatic fluctuations of over 10 percent in recent weeks. According to research from FalconX, the average
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The bullish momentum that propelled the price of Bitcoin (BTC) to a year-to-date high continues into its third week as it presses toward the $35,000 handle. Some notable developments that back the current bullish momentum are: The forming a golden cross between the 50-day moving average and 200-day moving average on the
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Amid tech stock turmoil, the crypto market shines, with a resurgence in Bitcoin, a rally in Ethereum, and notable gains in altcoins. Explore the factors driving this crypto boom. Over the past week, the crypto market has witnessed a roller coaster of events. Bitcoin (BTC) has surged by over 21%. Its
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Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed
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The difference, represented by funding rates (that is, the cost of holding long/short positions in perpetual futures, also called perp premium), has surged above an annualized 10% across major exchanges, including Binance, according to Velo Data. Positive funding rates mean buyers, or longs, pay shorts to keep their leveraged bullish
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