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Bitcoin Struggles at $96K, Will Crypto Correction Worsen This Week? (Market Watch)

Bitcoin’s struggles continue as the asset fails to initiate a notable recovery, and its price is still below or around $96,000. The altcoins are not in great shape either, with…

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Bitcoin’s 15% Weekly Drop Results in Massive FUD: Here’s Why That’s Good News

TL:DR; After several consecutive weeks of charting impressive gains, BTC’s price tumbled by 15% from top to bottom last week and has failed to produce a notable recovery. The crowd…

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CryptoQuant Says Bitcoin Demand is ‘Eating’ Available Inventory, Here’s How

With the crypto market halfway through this bull cycle, the amount of bitcoin readily available for sale is shrinking faster relative to demand growth. On-chain analysis by the market intelligence…

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Chinese Auto Dealer Dives Into Bitcoin Mining With $256M Investment

Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the…

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Bitcoin Eyes $99K as Altcoins Produce Double-Digit Gains: Recovery Weekend Watch

After a few consecutive days of price slumps, bitcoin’s trajectory has finally reversed as the asset popped above $99,000 earlier today. The altcoins are also in the green following the…

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These Metrics Suggest Bitcoin Still Has Room for Growth, According to Glassnode Founder

Bitcoin (BTC) is currently worth around $94,000 after trading above $108,000 earlier this week. While traders continue to take profits, analysts believe the cryptocurrency still has room for growth. According…

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