Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability?

Bitcoin: Long-Term Holder Net Realized P/L at $138M

Up to now few weeks, following a sequence of corrections, Bitcoin and the broader crypto market have skilled a major surge from the decrease costs of 2024.  Associated Studying The momentum picked up notably on Friday after Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, introduced a shift in coverage, … Read more

Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch

Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch

Opeyemi is a proficient author and fanatic within the thrilling and distinctive cryptocurrency realm. Whereas the digital asset trade was not his first selection, he has remained completely drawn since making a foray into the area over two years. Now, Opeyemi takes delight in creating distinctive items unraveling the complexities of blockchain know-how and sharing … Read more

Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows

Bitcoin Exchange Reserve - All Exchanges

Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they’re adjusting its coverage and hinting at a possible 25bps price reduce on the subsequent assembly on September 18. This surprising information has fueled Bitcoin’s latest volatility, with costs swinging unpredictably previously weeks.  Associated Studying Essential on-chain information from CryptoQuant is … Read more

Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024

Dalmas, a seasoned crypto reporter, brings a singular perspective to the business. His specialization in NFTs, blockchain, DeFi, and blockchain information for NewsBTC, mixed with a background in mechanical engineering and over a decade of expertise in journalism, has allowed him to craft over 10,000 information and have articles over the previous eight years. His … Read more

Market Reacts To Powell’s Speech

Bitcoin price

In per week marked by financial anticipation and turbulence, the crypto market skilled a rollercoaster trip because the Bitcoin value surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks on the Jackson Gap Financial Symposium. Bitcoin Worth Rallies On Powell’s Dovish Tones Powell’s remarks struck a dovish tone, indicating that the central … Read more

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

ETH/BTC 1W chart at the lowest level since April 2021.

The market is dealing with extreme volatility as the 2 major belongings, Bitcoin (BTC) and Ethereum (ETH), are in essential accumulation phases. Nonetheless, Bitcoin has carried out higher over the previous ten days, standing out amid the fluctuations.  Associated Studying The ETH/BTC chart reveals this shift. On the time of writing, Ethereum’s value in Bitcoin … Read more

Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level

After experiencing a big 25% pullback earlier this month, plunging to the $49,000 degree, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the essential $60,000 assist for the final 24 hours. Nonetheless, Bitcoin’s journey towards additional worth appreciation has been with out obstacles. The digital asset has been unable to surpass increased … Read more

A Bitcoin Game Changer, Says Hedge Fund CIO

Bitcoin price

Travis Kling, the founder and Chief Funding Officer of Ikigai Asset Administration, is proposing a direct hyperlink between the US presidential election outcomes and the Bitcoin worth. By way of X, Kling delves into the political dynamics and their perceived implications for crypto markets, notably specializing in the potential re-election of Donald Trump. Why September … Read more

Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000

Bitcoin Glassnode 1

Bitcoin crashed under $50,000 on August 5 in a sudden dip that noticed many positions liquidated within the crypto market. This sudden dip, which cascaded into different cryptocurrencies, took the market abruptly. As such, Bitcoin fell to its lowest value in six months, and lots of different altcoins adopted swimsuit. Though Bitcoin has since recovered … Read more

Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat

In keeping with market professional Jamie Coutts, after an prolonged interval of consolidation and lackluster efficiency by the 2 largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market could also be poised for a resurgence. Coutts believes the elements are in place for a broad altcoin rally, following within the footsteps of the “insane” bull … Read more