Avalanche Jumps 5% Daily as Bitcoin Price Rises to $111K: Market Watch
Bitcoin continues to climb slowly as the asset tapped $111,800 earlier today before it was pushed south by nearly a grand. While most altcoins have remained sluggish on a daily…
Auto Added by WPeMatico
Bitcoin continues to climb slowly as the asset tapped $111,800 earlier today before it was pushed south by nearly a grand. While most altcoins have remained sluggish on a daily…
Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more…
Bitcoin has entered a corrective phase after its recent all-time high, with the price consolidating at key supports and on-chain data showing increased profit-taking. Market sentiment is cautious, and the…
Bitcoin’s gradual price recovery continued as the asset jumped past $110,000 for the first time since Friday, when it was violently rejected. Most altcoins have failed to produce any gains…
Bitcoin’s seasonal weakness in August has long puzzled traders. On-chain data, however, reveals a recurring driver in the form of miner sell pressure. Miner Pressure You Can’t Ignore Miners secure…
According to historical patterns, Bitcoin sets its monthly high or low within the first 12 days of the month more than 80% of the time. “It’s been a good strategy…
August’s weak close has revived worries that Bitcoin’s downturn could extend into September, a period that often proved unfavourable for the asset. However, recent on-chain indicators suggest that underlying market…
The Bitcoin market is showing signs of fatigue after the cryptocurrency briefly fell near $107K, merely two weeks after hitting an all-time high. Data suggest that momentum in the Market…
TL;DR Bitcoin (BTC) is trading below $110,000, but several elements suggest the asset may experience a substantial resurgence in the following weeks. Despite the positive signals, September has historically been…
Capital is rapidly rotating from Bitcoin into Ethereum, as evidenced by whales offloading BTC to buy ETH, and institutional inflows into Ethereum ETFs outpacing those for Bitcoin. Yet some analysts…