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Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt

The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However,…

Continue ReadingBitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt

BTC Price Taps $60K for the First Time in 9 Days, DOGE and SHIB Jump by 4% (Weekend Watch)

Bitcoin’s weekend revival continues as the asset skyrocketed to over $60,000 for the first time since last Friday’s massacre after the unsuccessful assassination attempt against Donald Trump. Several altcoins have…

Continue ReadingBTC Price Taps $60K for the First Time in 9 Days, DOGE and SHIB Jump by 4% (Weekend Watch)

Crypto Sentiment Plunges to ‘Extreme Fear’ as Bitcoin Attempts to Break Upper Resistance

Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s…

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Bitcoin En Route to $60K Recovery, XRP Leads Altcoin Push, Germany Sells Out: This Week’s Market Recap

The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this…

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Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate…

Continue ReadingCoinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow 

According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported…

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Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline

Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term…

Continue ReadingGlassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline