Bitcoin’s ($BTC) price rose above $45K again after a comparatively low activity-filled weekend. The price of the top cryptocurrency lost $50K key support during last week’s market flash crash. $BTC was looking well set to test $55K resistance but now is struggling to build momentum above $50K. Bitcoin broke out of 3-month long price slumber
Bitcoin’s (BTC) price has moved sideways since the Tuesday flash crash that saw top cryptocurrency lose over 20% of its market value within an hour. The price fell from near $53K to sub $43K levels before recovering above $45K. The price volatility on Tuesday led to Bitcoin losing a strong on-chain support zone of $45K-$50K.
Bitcoin’s (BTC) price finally broke past the key resistance of $50K after consolidating in the $45K-$50K range for nearly two weeks. The top cryptocurrency first broke past the $50K barrier in August posting a new 3-month high of $50,482, but couldn’t hold onto its gains. The top cryptocurrency’s sideways movement for two weeks didn’t deter
Crypto exchanges registered a massive inflow of stablecoins over the past couple of days amounting to $1.7 billion. Such a large inflow of stablecoins is often considered bullish given the general perception that people send stablecoins onto exchanges to invest more in cryptocurrency. The massive inflow of stablecoins has also pushed the stablecoin reserves on
Bitcoin price continued to move sideways after facing rejection at the $50K level but maintained the key support of $47,000 at the time of writing. The top cryptocurrency slid below $47K momentarily but jumped back above it soon after. BTC is currently trading at $47,136 with a 2.5% decline over the past 24-hours. After seeing
Galaxy Digital, one of the top crypto asset management firms led by Mike Novogratz has become the latest firm to file for a Bitcoin Strategy ETF. There has been a significant spike in the number of companies filing for a Bitcoin Strategy ETF that offers exposure to the Futures market to investors. This is primarily
Bitcoin (BTC) price reached a new three-month high of $47,998 as the crypto market looks set for another bull rally. The top cryptocurrency has managed to get past the three-month-long bearish phase to start on a strong note in August. It has faced rejection at the $48K level again, and a move ahead of the
Bitcoin’s (BTC) price has been moving around $46,500 for the past couple of days failing to consolidate above $47,000 key resistance. The top cryptocurrency started August on a bullish note breaking out of the two-month-long price zone of $30K-$40K. It also broke past the $45K price resistance to record a new two-month high of $46,763.
Bitcoin (BTC) price has found a new surge of bullish momentum in the past week rising to a new two-month high of $46,637. After consolidation for nearly three months in the price range of $30K-$40K, the top cryptocurrency looks set to test its previous highs. Bitcoin exchange supply ratio has dipped to the lowest in