Bitcoin on-chain data shows miners offloading BTC as revenues shrink
Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price.
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Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price.
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto markets.
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies.
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon. Ripple (XRP) Ripple continues to surprise the market with its strength, considering that in the…
With the market volatility returning, ADA was not spared and turned red. Key Support levels: $0.30 Key Resistance levels: $0.33 Cardano’s price fell by 15% since Monday when the SEC…
Bitcoin and most major altcoins are facing selling at higher levels, but there are no signs of panic selling at the moment.
Yesterday’s announcement that the SEC has sued Binance turned the whole market red, and BNB was quick to crash. Key Support levels: $265 Key Resistance levels: $291 Volatility spiked as…
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in the United States District Court.
BTC’s chart is beginning to look bullish, and ADA, QNT, RNDR and RPL could rally if Bitcoin price breaks out to the upside.