This weekend, Bitcoin’s price surged back to $85,000, showing impressive growth following President Donald Trump’s decision to exempt certain tech products from new trade tariffs. Recent on-chain data indicates that Bitcoin’s open interest, or the total money in its derivatives Market, has also seen a significant increase, rising by 15.8% within 24 hours. This suggests ...
Bitcoin recently reached an eleven-day high of $86,000, driven by positive reactions to changes in U.S. trade policies. However, traders are wary of potential volatility, especially with the traditional markets closed over the weekend, leading to lower liquidity in the crypto space. Although Bitcoin is up 7% for the week after hitting five-month lows, many ...
Bitcoin surged to nearly $82,000 on Thursday, triggering positive momentum across the cryptocurrency Market. This increase follows a shift in trade policy as President Trump softened tariffs on multiple countries, alleviating fears of an impending trade war. Major cryptocurrencies like XRP and Ethereum saw impressive gains, with XRP jumping 12% and Ether rising significantly. Overall, ...
Bitcoin’s value surpassed $79,000 as Asian markets opened amid significant global turmoil. The CoinDesk 20 index, tracking top digital assets, dropped 8%. Major indices in East Asia faced sharp declines: Hong Kong’s Hang Seng Index fell over 8%, Shanghai’s SSE Composite Index was down 7%, and Taipei’s TAIEX dropped 9%. Prominent tech stocks like Alibaba ...
Despite signs that the memecoin Market might be slowing down, successful cryptocurrency traders, known as “smart money,” are still pursuing quick profits from these speculative assets. Recent memecoin launches related to former President Donald Trump have disappointed some investors, leading to a cautious shift towards stablecoins. However, smart money traders remain open to taking risks ...
Bitcoin traders should brace for a volatile week ahead, influenced by key factors. First, the U.S. is set to impose new tariffs on April 2, which could escalate ongoing trade tensions and raise inflation concerns. Second, significant activity from Bitcoin whales indicates they may be strategically buying during Market dips. Traders should also monitor a ...
The cryptocurrency Market is facing a significant downturn, with traders selling off digital assets, resulting in a loss of over $160 billion in Market capitalization since Friday. Factors contributing to this sell-off include mounting global economic concerns and former President Trump’s tariff threats, alongside a lack of new positive catalysts. However, April historically shows promise ...
A cryptocurrency trader turned a modest $2,000 investment into over $43 million by investing in the wildly popular memecoin Pepe, despite its price fluctuations and questionable value. This savvy move netted the trader an amazing return of 4,700 times their original investment, according to Lookonchain. They sold a significant portion of their Pepe tokens for ...
Bitcoin’s price has recently approached the $80,000 mark, facing potential risks of dropping below this level. On-chain data reveals critical support between $80,920 and $78,000, which traders are closely monitoring. After a significant price drop to below $77,000 earlier in March, Bitcoin rebounded, reaching highs around $88,500. However, some traders have sold their holdings after ...
Bitcoin traders are in high spirits as a key price metric, the Hash Ribbon, has turned bullish again, signaling potential price gains ahead. This tool, developed by Capriole Investments, has indicated the end of a challenging period for Bitcoin miners, suggesting they might soon recover. The latest buy signal from the Hash Ribbon appeared on ...
