TAG: BTC
Why is Bitcoin Price Up today? This $2.1B Signal provides Insights
Bitcoin (BTC) price surged to a 20-day peak of $72,212 on April 8, sparking hopes of new all-time highs before the Halving date. On-chain data shows strategic bull traders mounting buy orders to front-run possible upside from Bitcoin ETFs activity in the...
6 months ago
Fidelity (FBTC) becomes 3rd Bitcoin ETF to Reach 150,000 BTC Holdings
On April 10, Fidelity’s FBTC spot Bitcoin exchange-traded fund officially crossed 150,000 BTC in assets under management. The newborn-nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — total more than 520,000 BTC.Fidelity (FBTC) Hits 150...
6 months ago
Bitcoin Price Forecast: BTC to stay above $60k amid Middle East Crisis
Bitcoin (BTC) price slid to a 40-day low of $60,660 on April 13, before a sharp rebounding above $64,200 on Sunday, April 14. Despite the widespread fears surrounding the Middle-East crisis, majority of BTC investors are looking to HODL.As the selling pre...
6 months ago
XRP Price Shows Strength Against BTC -$0.65 Rally Next?
Ripple (XRP) price opened trading at $0.52 on April 25, after a mild pullback from its weekly peak of $0.57. However, a rare alignment on the XRP/BTC chart suggests the coin is now on course for a parabolic breakout during the next rally.XRP Showing Stren...
5 months ago
Bitcoin (BTC) Price Forecast: $60k Reverse or $70k Rebound?
Insights:Bitcoin (BTC) price consolidated within the $64,500 – $64,900 narrow channel on Thursday April 25, 2024. With BTC underperforming, investors have been spotted flooding the market supply reserves this week, potentially to shift focus towards the r...
5 months ago
Bitcoin Runes (BRC-20) Pull $135m in Fees Post-Halving
Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of the new standard.According to a Dune Analytics dashboard, the Runes protocol on Bitcoin (BTC) has raked in $135 mil...
5 months ago
Bitcoin Price Forecast: Can this $500M Signal Keep BTC above $60k?
Bitcoin (BTC) price wobbled as low as $62,400 on April 27, on course to close the week 7.3% in the red. The latest data from the aggregate order books of top crypto exchanges showed retail investors have reacted to the latest dip by mounting additional bu...
5 months ago
Crypto Market Outlook: BTC, SOL, ETH, DOGE Face Downward Pressure
Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at around $2.45 trillion — a 94.5% change one year ago.In what could be a knock-on effect from the traditional market, which saw the Japanese yen tumble to a 34-y...
5 months ago
Bitcoin ETFs: After Record $328M Outflows, What Happens Next?
Throughout the week ending on April 26, 2024, Bitcoin Spot ETFs in the U.S. experienced notable fluctuations in net flows.Moreover, these ETFs registered a massive weekly net outflow of $328 million as institutional investors cut down on their BTC positio...
5 months ago
Australia Set to Launch Bitcoin Spot ETFs: How will BTC Price React?
InsightsAustralia is poised for several spot Bitcoin exchange-traded fund (ETFs) approvals in 2024, mirroring trends in the United States and Hong Kong. Can the bullish tailwinds from this development halt the ongoing BTC price free-fall? Australia Regula...
5 months ago
Bitcoin Price Hits $61k as Marathon Digital Invests $250M
Bitcoin Price Analysis:Bitcoin price rose as high as $61,000 on Aug 13, 2024, up 6% within the 24-hour timeframe, technical indicators suggest traction gained Marathon Digital’s $250 million investment could propel BTC further upwards.BTC Surges 6.8% as M...
2 months ago
Bitcoin Price Plunges Below $57k as U.S. Govt Transfers BTC Worth $600M
Bitcoin Price AnalysisBitcoin price plummeted 8% within 24 hours as it reached $56,700 area on August 15. Market data hints the U.S. government’s recent BTC transactions as dominant bearish catalyst.Bitcoin Price Tumbles 8% in 24 HoursOn August 15, Bitcoi...
2 months ago
Bitcoin Price Faces $3.2 Billion Sell-Off as Traders Turn to LTC, XMR
Bitcoin Price Analysis:Bitcoin’s price continues to hover below the $60,000 mark on September 3, struggling to overcome the critical resistance level. Recent on-chain data reveals that retail traders are reallocating capital towards altcoins, adding beari...
1 month ago
Bitcoin Analyst Flags 3-Year Bearish Pattern as BTC Price Dips 5% Amid Dovish NFP Figures
Bitcoin Price Analysis:Bitcoin price plunged as low as $53,334 on Sept 6 despite dovish figures from the latest US Non-Farm payrolls. On-chain data analysis shows how BTC price steep 28% decline from its yearly timeframe peak of has coincided with a major...
1 month ago