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Crypto Bloodbath: Bitcoin and Altcoins Plummet, Mt. Gox Starts Repayments, German Govt Contineus Selling: Weekly Crypto Recap

What a week it’s been… The cryptocurrency markets ultimately took a turn for the worse, but they haven’t been without their moments. The bottom line is that the total capitalization…

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Bitcoin (BTC) Tumbled to a 5-Month Low, Altcoins Perform Even Worse (Market Watch)

The cryptocurrency market has been bleeding out in the last 24 hours, with the total capitalization plummeting to as low as $2.07 trillion (an 8.6% decrease on a daily scale).…

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Bitcoin Hits New Low Since February, Options Market Stays Optimistic

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs,…

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Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution…

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Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights

Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions…

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Bitcoin Bulls Try to Defend $63K as Major Altcoins Consolidate (Market Watch)

Bitcoin’s price has been unable to maintain yesterday’s bullish momentum, and now the buyers are trying to defend the $63K level. The broader cryptocurrency market is also in a state…

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Bitcoin Bulls Advance Price, Face Resistance at $64K

The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading…

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NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased…

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