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Onchain Data Suggests BTC Might Turn Bullish Soon (Bitcoin Price Analysis)

Bitcoin volatility continues. After dipping below $46K on Monday, BTC was able to recover sharply, marking Tuesday’s high above $49.3K as of writing these lines. Looking at the following chart,…

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Bitcoin Recovers $3K in a Day: Shiba Inu Up 11% (Market Watch)

Following a few days of consecutive price drops, bitcoin finally bounced off and added more than $3,000 of value in a day. Most altcoins have also reacted well, with Ethereum…

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Bitcoin Dips Below $46K on Global Markets’ Omicron Fears Plunge (Market Watch)

Bitcoin’s suffering continues as the cryptocurrency failed at $47,000 and dropped below $46,000. Most altcoins are also well in the red, with Ethereum trading beneath $3,800 and Binance Coin close…

Continue ReadingBitcoin Dips Below $46K on Global Markets’ Omicron Fears Plunge (Market Watch)

Market Watch: Terra (LUNA) Pushed Polkadot Outside Top 10, BTC Maintains $47K

Following another sub-$46,000 dip, bitcoin has bounced off and currently sits above $47,000. The altcoins are also slightly in the green, with Terra outperforming the rest after a substantial double-digit…

Continue ReadingMarket Watch: Terra (LUNA) Pushed Polkadot Outside Top 10, BTC Maintains $47K

Bitcoin Price Analysis: Despite the Bearishness, Onchain Might Suggest a Supply Shock

According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin’s price fell to near $48.5k in the spot market.…

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Bitcoin Dipped to 14-Day Low: Avalanche Soars 9% (Market Watch)

Bitcoin’s adverse price movements continued in the past 24 hours, and the asset fell to a two-week low of $45,500. Most altcoins also suffered, with the apparent exception of Avalanche,…

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Bitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin,…

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