‘There Is No Demand Growth’: CryptoQuant Analyst Outlines Factors Behind Bitcoin (BTC) Slump – The Daily Hodl
A lack of demand growth is keeping Bitcoin (BTC) prices depressed, according to head of research at digital asset analytics firm CryptoQuant. Julio Moreno Notes Social media platform X said demand for BTC has decreased and that “essentially all valuation metrics are in bearish territory.” Source: Julio Moreno/X Moreno noted that a key price level […]
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify – Cointelegraph
Bitcoin (BTC) prices are trading 10% above the eight-month low of $49,577 hit on Aug. 5, as traders worry that the cryptocurrency may hit new lows below $52,000 before reversing. BTC/USD daily chart. Source: Trading View On September 6, Bitcoin extended its correction, falling more than 5.9% from a record high of 56,984 to hit […]
Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB – Cointelegraph
Bitcoin (BTC) continues to experience random and volatile price fluctuations within a range of $55,724 to $73,777. It is difficult to predict the direction of a breakout from this range, but long-term investors remain bullish. According to data from CryptoQuant, net outflows from exchanges on August 27 were approximately 45,000 Bitcoin, the third-highest outflow ever. […]
Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62K – Cointelegraph
Bitcoin (BTC) reached a weekly close near $64,000 on Aug. 25, but analysis warns that BTC’s price rally may soon be reversed. BTC/USD 1-hour chart. Source: TradingView BTC Price Struggles to Maintain Gains Data from Cointelegraph Markets Pro Trading View BTC/USD traded sideways over the weekend after sharply rising at the end of the previous […]
Bitcoin metrics line up bull signals with $60.6K BTC price level to beat – TradingView
Bitcoin BTCUSD At the weekend close on August 18, the price of BTC rose in after-hours trading, seeking to recover above $60,000. Cointelegraph Ichimoku Kinko Hyo Crossover Leads to Bullish Signal for BTC Price Bitstamp hit a new local high of $60,271 on the day, according to data from Cointelegraph Markets Pro and TradingView. Despite […]
Bitcoin metrics line up bull signals with $60.6K BTC price level to beat – Cointelegraph
Bitcoin (BTC) was on track to recover to $60,000 by the weekend close on August 18 as the price remained firm in after-hours trading. BTC/USD 1-hour chart. Source: TradingView Ichimoku Kinko Hyo Crossover Leads to Bullish Signal for BTC Price Data from Cointelegraph Markets Pro Trading View That day, Bitstamp hit a new local all-time […]
MicroStrategy’s Bitcoin ETF crosses $22M volume on launch: Impact on BTC? – AMBCrypto News
MicroStrategy predicts $22 million in trading volume on launch day as Bitcoin’s historical patterns repeat themselves. Despite worried market sentiment, Bitcoin ETF net inflows turned positive again after a day of outflows. Major player MicroStrategy Bitcoin [BTC] Player saw $22 million in trading volume on the ETF’s first day, likely setting a record for a […]
Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC – Cointelegraph
Bitcoin miner Marathon Digital has bought an additional $249 million worth of Bitcoin after raising $300 million in a senior debt offering. On August 14, the miners said The company used a portion of the bond sale proceeds to purchase approximately 4,144 Bitcoin (BTC) at an average price of approximately $59,500, bringing its “strategic Bitcoin […]
Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB – Cointelegraph
Bitcoin (BTC) is struggling to hold above the psychological $60,000 level, signaling that bears are active at the higher end. However, analysts don’t seem worried. Charles Edwards, founder of Capriole Investments, said in a post on X that while Bitcoin looks “promising,” its trend is three months behind gold and it will still be some […]
US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon – Cointelegraph
The total amount of Bitcoin held by U.S. physical Bitcoin exchange-traded funds (ETFs) may soon surpass the holdings of Satoshi Nakamoto, the cryptocurrency’s anonymous creator. Bloomberg ETF analyst Eric Balchunas posted a chart to X on Aug. 13 noting that the ETF currently holds a total of 909,700 Bitcoin (BTC), which at a current price […]