Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops – TradingView
Bitcoin has experienced mixed movements in the market recently, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics show a notable change in exchange activity, with Bitcoin (BTC) inflows to exchanges still increasing, while Tether (USDT) has recorded significant outflows . This trend suggests a potential “imbalance” […]
EUR/USD: Euro Seeks Higher Grounds After Fed-Fueled Dollar Rally Eases Grip on Forex – TradingView
Important points: The euro rose slightly against the dollar Major currency pairs remain around $1.0450 Interest rate outlook stimulates currency trading Illustration: TradingView European currencies are taking a breather after being dismantled last week in a series of events. of euro dollar pair The euro was firmer on Monday morning after rising about 0.8% on […]
SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction – TradingView
Bitcoin BTCUSD The stock is down about 8% for the week, but the silver lining is that bulls have aggressively bought the weekly lows. Even after the economy recovers, analysts are divided on the next direction. Some expect the correction to deepen further, while others expect the uptrend to resume. Bitcoin's rally on December 20th […]
Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’ – TradingView
Ripple’s XRP hit a high of $2.82 on December 3 last year and has since undergone a slight correction, currently trading between $2.25 and $2.50, according to data from CoinMarketCap. On December 1st of last year, XRP briefly fell below $2.00, but remained strong above this level for several days. Like most digital assets these […]
Is $10 Within Reach For Cardano? Whale Moves Signal Big Rally Ahead – TradingView
Cardano (ADA) has achieved a significant milestone by breaking the $1 barrier, a level that seemed unattainable for most of 2023. Cryptocurrencies have not been able to overcome this psychological level for many years, so the recent price surge of cryptocurrencies has attracted the attention of both analysts and investors. Although the token has experienced […]
Dogecoin TD Sell Signal Goes Off, But Here’s Why Parabolic Bull Run Can Still Continue – TradingView
Dogecoin just showed a sequential sell signal from Tom DeMark (TD), and the analyst explained how DOGE’s parabolic rise could still continue. Dogecoin is currently showing a pattern similar to past bull markets In a new post on X, analyst Ali Martinez discussed the TD sequential signal that recently formed on Dogecoin’s weekly price. “TD […]
XAU/USD: Gold Selloff Continues as Trump Agenda Wipes Out Demand for Haven Trade – TradingView
Important points: Gold falls for 5th straight day Prices down 9% from record Strong dollar and high stock prices weigh on gold Illustration: TradingView With all the volatility in stocks, cryptocurrencies, and foreign exchange, who needs a risk-averse asset? Gold fell 8% in November. gold XAUUSD I'm having a tough timeThe decline intensified after Donald […]
BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO – TradingView
Bitcoin has hit new highs this week, but it is not raising concerns of overvaluation among investors like regular stocks, a cryptocurrency executive suggested. “Bitcoin is different,” Hunter Horsley, CEO of asset management firm Bitwise Invest, opined in a Nov. 9 , explained that this essentially measures a company's valuation and financial factors. performance. People […]
Bank of Canada decision highlights the economic calendar as USD soars – TradingView
USD/JPY jumped 200 pips today for its fourth day of gains as the foreign exchange market readjusted towards a strong USD and US economy. The move brought the pair back in line with U.S. Treasury yields, ending a decline that began in late July. USDJPYDaily The market may also be trading electorally against the US […]
Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity – TradingView
On-chain data shows that Bitcoin miners have recently been making an unusually large number of transactions on centralized exchanges. Bitcoin miner trading volume indicators skyrocket As CryptoQuant author IT Tech pointed out in a new post on X, metrics for miner-to-exchange transactions have been high recently. “Miner-to-exchange transactions” tracks the total number of transfers made […]