30% Bitcoin Drop Sparks Terror as Sentiment Indexes Hit ‘Extreme Fear’ Lows
This weekend, after a week-long crypto rout that felt like a marathon with no water stations, the digital asset economy is limping in well under the $3 trillion mark at…
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Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation,…
Ethereum’s Battle Continues: Coinshares Reports Outflows Persist as Market Recovers
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report…
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase,…
Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone
On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting…
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a…
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of…
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that…
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the…
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should…