Bitcoin has bounced back to $102,000 as of January 27, despite a scare from US stock markets triggered by the launch of a new Chinese AI competitor. The cryptocurrency saw a rise of up to 4.6% after dipping to $97,750. Analysts suggest that if Bitcoin can maintain a support level above $95,000, trader sentiment may ...
In the past 24 hours, bullish investors betting on rising cryptocurrency prices faced a significant setback, losing $770 million as Bitcoin dropped below $100,000. Major cryptocurrencies such as Solana (SOL) and Dogecoin (DOGE) fell by over 10%, while Ethereum (ETH), BNB, XRP, and Cardano (ADA) also experienced significant declines. The overall crypto Market cap decreased ...
Bitcoin’s recent price movements are similar to its behavior during the 2016 to 2017 period, with predictions suggesting it could reach between $120,000 and $150,000. James Check from Glassnode highlighted this potential during a podcast, labeling any price above $150,000 as speculative and unlikely to stay. Currently trading around $103,000, short-term holders could see a ...
Bitcoin, currently trading above $100,000, is showing signs of potential volatility that traders may want to watch. A key indicator, the rolling 60-day price range, reveals that its price movement is becoming tighter, suggesting stable Market conditions. Historically, this pattern has often been followed by significant price swings. Analysts note that this tightening has preceded ...
Bitcoin has recently seen significant price movement, staying above $100,000 for six days and currently valued at $106,100. Data suggests that 80% of short-term holders are back in profit following this recovery. However, some indicators show that these holders are starting to sell at a loss. Analysts point out that while there might be some ...
Donald Trump has introduced a new cryptocurrency called $TRUMP, which quickly rose in value but has also experienced sharp drops since its launch. Meanwhile, First Lady Melania Trump has launched her own coin, $MELANIA. Both coins fall into the category of “meme coins,” which are inspired by internet trends. Trump’s advocacy for cryptocurrency has shifted ...
Solana’s price is holding steady above $250 after a 10% drop from its recent all-time high of $275. The cryptocurrency has gained popularity among US investors, overtaking both Bitcoin and XRP as the most sought-after Layer-1 asset. With a 48% increase over the past week, Solana is drawing attention due to speculation around potential altcoin ...
Bitcoin (BTC) has achieved a new all-time high of $109,350 during early trading on Monday, despite a general Market decline. Currently trading at $107,422, increasing buying pressure suggests Bitcoin could continue its upward trend. A recent analysis shows a strong demand for BTC, indicated by a bullish Balance of Power (BoP) and a spike in ...
Bitcoin has seen a significant 17% increase this week, rising from a low of $89k to $104k, driven by fresh investment and heightened Market greed. Factors such as easing inflation and the potential return of Trump to the White House have contributed to this rally. Many investors are now watching closely for a possible breakout ...
The U.S. economy is gearing up for its first major event of 2025 with the release of the December Consumer Price Index (CPI) data. Amid concerns about a hawkish Federal Reserve and a strong correlation between bitcoin and tech stocks, this report is crucial for the digital asset Market. Experts are wary, given unstable liquidity ...
