BTC Price Drops To $2,700 On Binance, CZ Explains
In the last Bitcoin news, the price of the first cryptocurrency by market cap has been experiencing some gains on low timeframes.
Read MoreIn the last Bitcoin news, the price of the first cryptocurrency by market cap has been experiencing some gains on low timeframes.
Read MoreBitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward.BTC/USD 1-hour chart. Source: TradingViewBTC price maintains overnight strengthData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency attempting to hold gains after a classic “short squeeze.”The day prior offered a
Read More“Despite the fact that the SEC postponed their decision to approve or disapprove Ark, BlackRock, and Valkyrie’s bitcoin ETFs this week, the market’s hope for spot bitcoin ETF approval seems to have been revitalized following the Ether Futures ETF decision,” analyst Yuya Hasegawa shared. Source
Read MoreCrypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go. According to the strategy, Bitcoin miner rewards sent to exchanges foreshadows pending sell pressure on Bitcoin price
Read More“My baseline scenario is bitcoin to move higher and eventually move past that $31,000-$32,000 barrier,” Kampenaer said. But it has to happen in the next 6-8 weeks, he added, otherwise the level could put a lid on BTC’s price for a longer time. “If it remains suppressed and under that
Read MoreBitcoin (BTC) hit new weekly highs after the Sep. 28 Wall Street open as markets awaited fresh cues from the United States Federal Reserve.BTC/USD 1-hour chart. Source: TradingViewBitcoin summons volatility ahead of Powell speechData from Cryptox Markets Pro and TradingView showed BTC price strength staging a comeback on the day, having
Read MoreHigher oil prices are often transmitted to retail fuel prices, raising key inflation metrics like the Consumer Price Index (CPI). That, in turn, weighs over households' disposable income. Less disposable income means weak consumption, economic growth, and less inclination to invest in high-risk, high-reward assets like bitcoin and technology stocks.
Read MoreBitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after Bitcoin’s next block subsidy halving.Bitcoin halving impact on miners could be “severe”Bitcoin miner competition is exploding,
Read MoreFxPro markets analyst Alex Kuptsikevich told CryptoX in a daily note that while cryptocurrencies saw increased buying equity markets were under the most pressure as the dollar was gaining momentum. However, this momentum didn't last long, which dampened bullish outlooks. Source
Read MoreMARA Pool, the Bitcoin mining pool operated by the publicly listed Marathon Digital Holdings, had a transaction ordering issue on September 27
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