The crypto world has its own special rhythm, and one of its most thrilling beats is altcoin season. During this time, cryptocurrencies other than Bitcoin take center stage, often leading to big price jumps and increased trading activity. Whether you’re new to crypto or a seasoned trader, understanding altcoin season can help you make smarter […]
The market experienced its largest wave of crypto liquidations since December 2021, with over $1.1 billion wiped out in just 24 hours. This massive sell-off occurred as Bitcoin’s price briefly fell to $92,000 on Thursday, marking a sharp decline from its recent milestone of $103,650. Bitcoin’s sudden price drop triggered a chain reaction across crypto […]
BTCUSD Buyers Pause As Price Consolidates BTCUSD consolidates as bulls hold their position below the $100,000 key level. Bitcoin remains in a consolidation phase under this significant resistance point as bullish momentum fades. Despite strong advances throughout November, buyers have encountered resistance, preventing a breakout. The market is now in a holding pattern, with buyers […]
Bitcoin has shattered previous records, surging beyond $100,000 as market momentum accelerates. In early trading on Thursday, Dec. 5, Bitcoin hit a peak of $103,630 on Binance, according to TradingView. This marked a significant 7% gain in just 12 hours, climbing from an intraday low of approximately $95,000. Bitcoin Crosses Historic Milestone The leading cryptocurrency […]
Digital asset investment products are experiencing unprecedented crypto inflows, reaching a new record of $37.3 billion in 2023, according to CoinShares’ latest weekly report. This surge comes alongside MicroStrategy’s aggressive Bitcoin acquisition strategy, with the company adding 15,400 BTC to its holdings. Weekly Crypto Inflows Analysis The past week saw total inflows of $270 million […]
BTCUSD Buyers Lose Steam BTCUSD is once again approaching the pivotal $100,000 level, though bullish momentum appears to be fading. After facing stiff resistance near this milestone last week, the market retreated to $91,180. Despite the pullback, buyers have regrouped and are cautiously advancing toward the psychological threshold. BTCUSD Key Levels Resistance Levels: $100,000, $103,500Support […]
Bitcoin is gaining traction as countries consider it for national reserves. Nations like the U.S., Brazil, Poland, and Russia are exploring its potential to diversify assets. In the U.S., Senator Cynthia Lummis has proposed a bold plan. It suggests buying 200,000 Bitcoins yearly for five years to strengthen the nation’s financial position. Ready for $150,000 […]
Bitcoin continues to maintain its upward momentum, trading at $95,200 after experiencing a 9% drop from its recent peak of $99,800. The leading cryptocurrency’s resilience in the face of this correction signals robust market confidence and sustained buyer interest at current price levels. Key Support Levels Shape Market Dynamics On-chain data from CryptoQuant analyst Axel […]
BTC has encountered potential headwinds as Glassnode points to a risk of correction below $88K before it can push past $100K. The analysis suggests that limited trading activity in this zone may hinder further gains without stronger support. Long-Term Holders Intensify BTC Selling Bitcoin’s recent rally has triggered significant profit-taking by long-term holders (LTHs). According […]
