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BTC price bounces at 1-week lows as Bitcoin whales sell into $35K

Bitcoin (BTC) tested $35,000 support into the Nov. 14 daily close as sell-side pressure sparked multiday lows.BTC/USD 1-hour chart. Source: TradingViewBTC price sheds $1,000 in an hourData from Cointelegraph Markets Pro and TradingView tracked a swift retreat for BTC price action, which fell over $1,000 in a single hourly candle.The

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Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts

Bitcoin (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations.BTC/USD 1-hour chart. Source: TradingViewCPI offers Bitcoin, stocks a pleasant surpriseData from Cointelegraph Markets Pro and TradingView showed BTC price strength returning as the Consumer Price Index (CPI) reflected slowing inflation

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Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling

Bitcoin (BTC) exchanges have seen trading volume collapse as traders deal with constant macroeconomic uncertainty.According to new research from on-chain analytics platform CryptoQuant published on Sept. 25, daily BTC volumes are at lows rarely seen since 2018.Fed keeps Bitcoin investors wary of “possible recession”Bitcoin price action has stayed in a

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GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows

Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (BTC), now trades at just 17% below BTC price parity.The latest data from monitoring resource CoinGlass confirms that as of Sep. 9, GBTC shares traded at 17.17% less than BTC/USD.GBTC retraces nearly two years of lossesBitcoin’s largest institutional investment vehicle, GBTC has

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