BTCUSD Continues its Bearish Dive Bitcoin (BTCUSD) crypto is under pressure as sellers intensify. The Bitcoin market is currently experiencing a bearish downturn. After a significant rally from the $53,500 level to a high of $70,000, sellers have regained control and are driving prices lower. The $62,170 support level is now under threat, and a […]
The Bitcoin network has reached a new milestone in its mining difficulty. This comes as the broader cryptocurrency market experiences a surge in liquidations. According to Cointelegraph, Bitcoin’s network difficulty rose by over 10.5% on August 1. This marks the end of a three-month downward trend. The network difficulty is now at an all-time high […]
Lightning Labs has announced something exciting: Taproot Assets on Bitcoin.This new tool lets users create special digital items on Bitcoin and move them quickly and cheaply using the Lightning Network. This is a big step because it’s the first time different types of digital items can be used on Bitcoin’s main system. This makes Bitcoin […]
A whale investor sparks optimism with massive Bitcoin accumulation. Despite Bitcoin’s recent dip to the $66,000 price level, significant optimism has surged within the crypto community due to a substantial purchase by a whale investor. On-chain data reveals that the whale has added 1,300 BTC to their holdings, now totaling 5,800 coins. Bitcoin News: Whale […]
BTCUSD Faces Intense Bearish Pressure Bitcoin (BTCUSD) remains under bearish attack. The Bitcoin market is currently experiencing a significant downturn, with bearish forces reasserting their dominance. This downturn follows a notable rally from the $53,500 support level to a high of $70,000. The market is now poised for a potential breakdown below the crucial $65,110 […]
Bitcoin Buyers Aim to Reclaim the $68,660 Significant Level Bitcoin (BTCUSD) rebounds from a bearish slide as buyers aim to breach the $68,660 resistance level. Earlier this month, Bitcoin experienced a rise, with bullish momentum emerging after a prolonged bearish sentiment that had driven the price down from the $71,960 key level. The bears had […]
In an interesting turn of events, Bitcoin has broken through the $67,500 mark, sparking excitement in the cryptocurrency world. This surge comes just ahead of former U.S. President Donald Trump’s scheduled appearance at the Bitcoin 2024 Conference in Nashville, Tennessee. The world’s largest cryptocurrency by market value jumped more than 5% in the past 24 […]
Bitcoin whales have embarked on a massive buying spree, scooping up an astonishing 358,000 BTC in July alone, according to a recent report by CryptoQuant. This unprecedented accumulation, valued at approximately $23 billion, signals strong confidence in the leading cryptocurrency, despite its current price hovering below all-time highs. CryptoQuant CEO Ki Young Ju highlighted this […]
BTCUSD Falls Back to the $65,410 Key Level The BTCUSD market has recently experienced a loss in its bullish momentum, causing concern among traders and investors. The bullish drive has been restrained as buyers pushed up to the $68,540 key level. However, recent trades have shown a price drop from this key zone down towards […]
