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Bitcoin (BTC) has room to drop below $25,000 to flush out a recent influx of speculators, research shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged the ongoing influence of “short-term holders” (STHs) on BTC price action.Profitability reset point lies below $25,000BTC/USD has struggled
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Bitcoin (BTC) stuck to $29,000 at the April 27 Wall Street open as United States GDP growth missed expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. GDP figures reveal surprise slowdownData from Cointelegraph Markets Pro and TradingView showed BTC/USD once again stagnant after flash volatility the day prior.The largest cryptocurrency had
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Bitcoin (BTC) recovered from new 10-day lows at the April 20 Wall Street open as the United States jobs data boosted investor confidence.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price: “Lights out” at $28,000?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing upward after hitting $28,360 on Bitstamp.Amid an
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Bitcoin (BTC) headed lower into the April 17 Wall Street open as downside began liquidating longs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin’s price tipped for a break below $29,000Data from Cryptox Markets Pro and TradingView showed BTC/USD wicking to $29,247 on Bitstamp — its lowest in a week.Gains for Asian
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Ethereum staking deposits have declined slightly in recent weeks due to increased regulatory pressure and the Shapella upgrade slated for April 12.On April 9, on-chain analytics provider Glassnode reported on the current state of the Ethereum staking ecosystem.The data revealed that deposit activities are currently low “due to regulatory pressure
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Bitcoin (BTC), the world’s largest cryptocurrency, has suddenly dropped in value, slipping below $28,000 to trade at $27,953 on March 31. This decline represents a 4.1% decrease from its 90-day high of $29,159 reached just the day before on Mar. 30. BTC daily price chart | Source: CoinMarketCap The market capitalization has also
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Bitcoin (BTC) drifted lower on March 25 as eerily calm conditions saw liquidations evaporate.BTC/USD 1-hour candle chart (Binance). Source: TradingViewBitcoin in "slow chop" until MondayData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it focused on $27,500 at the time of writing.After losing $28,000 the day prior, weekend trading
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On Tuesday, Cathie Wood’s fund sold 160,887 shares of COIN for $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought the dip and purchased 268,928 shares of COIN as the stock fell and closed Thursday in the U.S at $66.30. Source
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Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees "phenomenal" reboundData from Cointelegraph Markets Pro and TradingView tracked a thoroughly bullish hourly candle for BTC/USD, which reached
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Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance.Profit-taking reinforces resistance levelsAs BTC/USD climbed towards $25,000,
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