The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel's upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative BeliefBitcoinCryptocryptoexchangedataDerivativesExchangesHighlightsPositiveSentimentTradersUpside Read More
Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite current inflationary pressures. Ethereum marginally retreated from Thursday’s high.
Bitcoin (BTC) was AheadBitcoinBTCConsumerdataFallsMarketNewsSentimentUpdates Read More
Bitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined on Monday, however, it remained above 1WeekBitcoinBTCBullishFadesHitsMarketMondayNewsSentimentUpdates Read More
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.
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Multi-asset investment products saw outflows for the ninth consecutive week, worth $6.4 million. “This suggests investors are preferring select investments. This was evident in alts such as Solana, Cardano and Polygon while Bitcoin Cash, Stellar and Uniswap all saw minor outflows,” said the report.
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Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States. Following a move to a five-month high on Thursday, prices were once again below $23,000. Ethereum also slipped, moving below $1,600 in the process.
Bitcoin (BTC) fell back below $23,000 on AheadBitcoinBTCConsolidateConsumerdataETHMarketNewsSentimentUpdates Read More
Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains in today’s session, with AheadBitcoinBTCConsolidateConsumerdataETHGDPMarketNewsSentimentUpdates Read More
Investors and traders of ApeCoin (APE) have been seeing some big gains since the start of 2023. With the crypto market experiencing a surge in prices, ApeCoin has been riding the bullish wave upwards showing gains on almost all timeframes.
ApeCoin is riding the bullish momentum, while Yuga Labs’ Bored Ape ApeCoinBullishClimbsDaysRemainsSentiment Read More
Cardano (ADA) follows the market’s general sentiment and records positive price action on a low timeframe. The cryptocurrency has been trading heavily since the sector took another dive into its current levels, but there is light at the of the tunnel.
Cardano (ADA) trades at $0.32, with a 12% rally in ADACardanoCoinSentimentTop Read More
Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shifted in a bullish direction. Cardano was also in the green, as it hit a one-week BitcoinBullishcontinuesMarketNewsRiseSentimentSOLUpdates Read More