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The market has been suffering through extremely low volatility and a lack of demand as fear seems to be the predominant sentiment. Bitcoin’s price appears to have entered a mid-term…
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it.…
The revenue Bitcoin miners receive is tumbling amid the depressing market conditions and lower prices. Somewhat expected, as the BTC dollar value goes down, so do the proceedings from mining.…
Bitcoin’s price action has rebounded significantly while testing key support levels. The next few days could determine whether the market would start a mid-term recovery or the gruesome downtrend would…
CryptoQuant analysts informed that a lot of bitcoin investors have been selling at a loss recently since the asset’s price is a long way from its highest levels from a…
In its ‘Week on-chain’ report on Nov. 21, blockchain analytics firm Glassnode reported that recent market weakness has “shaken the confidence of Bitcoin holders.” It measured aggregate increases in the…
Bitcoin crashed back beneath $16,000 on Monday, marking another 2-year low of $15,588. Bitcoin began to show weakness at $16,000 at roughly 16:30 UDT, when the price briefly wicked down…
At the time of writing, Bitcoin is trading at $16,100. The following looks at the worst-case scenario in the short term, given the market’s broad pessimistic sentiment. Technical Analysis By…
The past year or so has not been kind to the primary cryptocurrency, following many industry and macroeconomic adversities. Even though the asset has lost roughly 80% of its value…
It’s clear that the market remains fearful of potential contagion from the FTX fallout. As a result, market participants are offloading their assets from the exchanges, which might trigger the…