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Bitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese…

Continue ReadingBitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

These Altcoins Bleed Out the Most as Bitcoin (BTC) Slips Below $63K (Market Watch)

Bitcoin briefly exceeded $65,000 yesterday, but the subsequent rejection pushed it south hard by over two grand, and the asset is well below $63,000 now. This correction has impacted several…

Continue ReadingThese Altcoins Bleed Out the Most as Bitcoin (BTC) Slips Below $63K (Market Watch)

Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors. This marks the second-largest day of…

Continue ReadingBitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

Bitcoin Price Analysis: This Critical Level Will Dictate Whether $68K or $60K is Next for BTC

Bitcoin has undergone a bullish retracement over the past month, successfully surpassing several key resistance levels. However, the price has now approached a critical resistance zone defined by the 100—and…

Continue ReadingBitcoin Price Analysis: This Critical Level Will Dictate Whether $68K or $60K is Next for BTC

Very Important Cardano (ADA) Update, Bullish Ripple (XRP) Price Outlook, and More: Bits Recap August 26

TL;DR One analyst believes XRP could see a further surge, potentially reaching $2 if it breaks key resistance levels. Cardano’s ADA saw a price surge, briefly surpassing $0.40, driven by…

Continue ReadingVery Important Cardano (ADA) Update, Bullish Ripple (XRP) Price Outlook, and More: Bits Recap August 26

Bitcoin (BTC) Price Stands Close to $64K, Toncoin’s (TON) Downfall Continues (Weekend Watch)

After tapping $65,000 yesterday, bitcoin’s price actions calmed, and the asset remained relatively still at around $64,000. The altcoins are also quite sluggish on a daily scale, aside from TON,…

Continue ReadingBitcoin (BTC) Price Stands Close to $64K, Toncoin’s (TON) Downfall Continues (Weekend Watch)

Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)

Bitcoin’s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have…

Continue ReadingBitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)

Over $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise

The business week ends with high levels of volatility as bitcoin’s price soared to almost $64,000 for the first time since the start of the month. This rally, which was…

Continue ReadingOver $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise