Bitcoin v. Ethereum: Why BTC is Dominating the Battle
The 2023-24 crypto cycle has witnessed a deviation from historical norms in the ETH/BTC ratio. The ratio, in question, is a key indicator of capital rotation and risk appetite in…
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Back on Track: Spot Bitcoin ETFs Draw $295M on July 8th, Matching June’s High Inflows
The US spot Bitcoin exchange-traded funds (ETFs) saw nearly $295 million in net inflows on July 8th. This represented significant buying activity, which was last seen in June, when Bitcoin…
Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
Although bitcoin (BTC) has fallen to its lowest level since February 26 and has hovered around the $57,000 range over the last few days amid high volatility, Bitfinex analysts have…
Bitcoin Solidifies at $57K While Solana (SOL) Explodes 8% Daily: Market Watch
It’s finally been a day of positivity within the cryptocurrency market. The total capitalization increased above $2.2 trillion on the back of multiple coins charting substantial recoveries from yesterday’s lows.…
The Latest Bitcoin Price Predictions After Last Week’s Bloodbath
TL;DR Bitcoin recovered to $57,000 after dipping below $54,000, with analysts predicting a potential bull run up to $123,000. Positive indicators include reduced selling pressure and a favorable Relative Strength…
Bitcoin Price Analysis: BTC Needs to Reclaim This Level to Resume Bull Run
Bitcoin’s recent price action has spread fear over the whole crypto market, as participants are worried that the bull market might be over. Yet, things can change very quickly in…
Shiba Inu (SHIB) Developments, Ripple (XRP) Price Rollercoaster, and More: Bits Recap July 8
TL;DR Bitcoin’s price fell from over $63,000 to around $54,000 in early July, with mixed opinions on its future direction. Shiba Inu dropped 6% but rebounded over the weekend, showing…
Enhanced Bitcoin Price Volatility and Altcoins Rollercoaster: Market Watch
The past 24 hours saw increased volatility throughout the entire cryptocurrency market, the total capitalization of which currently stands at almost $2.2 trillion, down 0.6% during that period. It appears…
What’s in Store for Bitcoin This Week? 6 Things to Watch
Crypto markets have spent the weekend relatively flat, having failed to recover anything from last week’s $300 billion crash. Moreover, investors will closely watch this week’s Consumer Price Index report,…
What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally…
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