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Bitcoin and Ethereum Draw Over $19.7 Billion Inflow, Echoing Past Bull Run

Bitcoin is signaling the start of a new bullish trend, rebounding to $42.6k following a recent sell-off primarily driven by short-term holders (STHs), who constitute the more speculative segment of…

Continue ReadingBitcoin and Ethereum Draw Over $19.7 Billion Inflow, Echoing Past Bull Run

BTC Stopped Ahead of $45K Amid US CPI Data, FOMC Meeting, and Ledger Issues: This Week’s Crypto Recap

It was another eventful week in the cryptocurrency space, with BTC soaring to a new 19-month peak six days ago before facing retracements and rollercoaster propelled by industry vulnerabilities. It…

Continue ReadingBTC Stopped Ahead of $45K Amid US CPI Data, FOMC Meeting, and Ledger Issues: This Week’s Crypto Recap

Bitcoin (BTC) Rollercoaster, Ripple (XRP) Price Predictions, Solana (SOL) Developments: Bits Recap Dec 14

TL;DR Bitcoin (BTC) reached over $44,000, a 20-month high, before falling below $41,000, but recently surged again to $43,000, influenced by the Federal Reserve’s decision to keep interest rates unchanged…

Continue ReadingBitcoin (BTC) Rollercoaster, Ripple (XRP) Price Predictions, Solana (SOL) Developments: Bits Recap Dec 14

This Is How Many Traders Were Liquidated as BTC Soared to $43K and ADA Jumped by 20%

Bitcoin, alongside the rest of the market, skyrocketed on Wednesday evening to its previous peaks registered this month, with BTC soaring past $43,000. This has led to a large number…

Continue ReadingThis Is How Many Traders Were Liquidated as BTC Soared to $43K and ADA Jumped by 20%

BTC Hits Near-Term Exhaustion After Strong Rally as Short-Term Holder Profit-Taking Intensifies

After a powerful rally, Bitcoin appears to have hit a degree of near-term exhaustion. The uptrend encountered resistance this week, breaking to a new yearly peak of $44.5k before sustaining…

Continue ReadingBTC Hits Near-Term Exhaustion After Strong Rally as Short-Term Holder Profit-Taking Intensifies