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Bitcoin Price Analysis: A Plunge to $56K Is Possible if BTC Fails to Overcome This Resistance

Bitcoin’s price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if…

Continue ReadingBitcoin Price Analysis: A Plunge to $56K Is Possible if BTC Fails to Overcome This Resistance

Bitcoin Long-Term Holders Realized Capitalization Surpasses $10 Billion for the First Time

The realized capitalization of Bitcoin long-term holders (LTH) surpassed $10 billion this week for the first time ever. This highlighted the growing confidence among investors who hold the asset for…

Continue ReadingBitcoin Long-Term Holders Realized Capitalization Surpasses $10 Billion for the First Time

TRON (TRX) and Dogecoin (DOGE) Placed in This Prestigious Ranking: Details

TL;DR TRON was among the most talked-about crypto topics in the last week due to various potential reasons. AI-related cryptocurrencies and the GameFi sector also gained attention, with several tokens…

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Bitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese…

Continue ReadingBitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

Bitcoin Price Analysis: This Critical Level Will Dictate Whether $68K or $60K is Next for BTC

Bitcoin has undergone a bullish retracement over the past month, successfully surpassing several key resistance levels. However, the price has now approached a critical resistance zone defined by the 100—and…

Continue ReadingBitcoin Price Analysis: This Critical Level Will Dictate Whether $68K or $60K is Next for BTC

Very Important Cardano (ADA) Update, Bullish Ripple (XRP) Price Outlook, and More: Bits Recap August 26

TL;DR One analyst believes XRP could see a further surge, potentially reaching $2 if it breaks key resistance levels. Cardano’s ADA saw a price surge, briefly surpassing $0.40, driven by…

Continue ReadingVery Important Cardano (ADA) Update, Bullish Ripple (XRP) Price Outlook, and More: Bits Recap August 26