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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…

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

Bitcoin (BTC) Price Collapse, Meme Coin Bloodbath, and More: Bits Recap Dec 20

TL;DR Bitcoin (BTC) dropped 14% in three days, influenced by the Federal Reserve’s inflation concerns. The meme coin market saw a sharp 20% drop, with assets like DOGE and SHIB…

Continue ReadingBitcoin (BTC) Price Collapse, Meme Coin Bloodbath, and More: Bits Recap Dec 20

Bitcoin Could Skyrocket by 25% in Days if History Repeats But There’s a Catch: Data

Bitcoin’s massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trump’s landslide victory in the US presidential elections left some investors outside the…

Continue ReadingBitcoin Could Skyrocket by 25% in Days if History Repeats But There’s a Catch: Data

Fed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K

Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powell’s comments made during…

Continue ReadingFed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K