Inflation Tango: Bitcoin’s Bullish Dance with US CPI Data
Bitcoin’s price has been sensitive to changes in inflation data – Consumer Price Index (CPI) – relative to the previous month, according to a May 29 market report from 10x…
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Long-Term Holders Bet on Bitcoin’s Future, Unfazed by Selling Pressure
Long-term Bitcoin holders – those holding BTC for over 1-2 years – tend to sell portions of their holdings during bullish price phases when bitcoin’s price is rising. This selling…
This Support Level Will Determine If BTC Soars to New ATH or Falls to $60K: Bitcoin Price Analysis
Bitcoin’s price has yet to break out of the large descending channel and move toward a new record high, but a further rally is highly probable. Still, BTC failed to…
Bitcoin ETPs Lead Inflows with $1.01B Weekly, What About Ethereum? (CoinShares)
For the third consecutive week, digital asset investment products attracted impressive inflows, as this time, they totaled $1.05 billion. The latest figures contributed to a record-breaking year-to-date cumulative flow of…
Crypto Whales Have Been Working Hard in the Past Months: Details
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders…
Analyst Sets Bar High with Bitcoin (BTC) at $150,000, Ethereum (ETH) at $15,000 Predictions
Bitcoin and Ethereum have managed to pull crowds with stunning rallies this year. With the approval of their respective spot ETFs, the world’s largest cryptocurrencies are expected to attract billions.…
Here’s When Investors Can Expect Bitcoin’s Next Big Move: CryptoQuant
Bitcoin briefly surpassed the psychological barrier of $70,000 before sustaining a correction and falling close to $68,000. While a breakout does not appear to transpire in the near term, the…
Bitcoin Price Slides 4% as Mt Gox Distributions Begin With Big BTC Move
On May 28, on-chain analysts observed that Mt. Gox distributions appeared to be underway. Around 42,900 BTC worth around $2.9 billion was being moved at the time though there could…
BTC’s Path to New ATH Is Full of Obstacles but Whales’ Activity Brings Hope: Bitcoin Price Analysis
Following a modest bullish rebound from the significant support levels at $59K and the 100-day moving average, bitcoin has approached a critical resistance at $72K. The price action at this…
Bitcoin (BTC) Price Consolidation, Ethereum (ETH) Predictions After ETF Approvals, and More: Bits Recap May 27
TL;DR BTC experienced volatility last week but calmed and currently sits around $68,500, with some analysts forecasting new ATHs. Despite a brief drop, ETH has rebounded and is trading above…
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