Bitcoin faces a crucial moment as the US CPI report approaches, potentially influencing the Federal Reserve’s interest rate strategy. Could this data push BTC toward the highly anticipated $100K milestone? Bitcoin Drops 3.72% as Fed Remains Cautious on Rate Cuts Bitcoin fell 3.72% on Tuesday, sliding from $98.4K to $94.8K. The decline followed comments from […]
Bitcoin (BTC) becomes overvalued as network activity begins to decline. Bitcoin’s price recently surged above $100,000 before settling near $98,000. This rally excited many investors. However, blockchain data tells a different story. Bitcoin’s transactional activity has dropped to its lowest level in the past year. This decline casts doubt on its current valuation. According to […]
The crypto market witnessed substantial crypto inflows totaling $1.3 billion in the past week, marking the fifth consecutive week of positive investment flows. This surge in crypto inflows comes as investors capitalize on recent price declines across major digital assets. Breaking Down the Latest Crypto Inflows Ethereum emerged as the standout performer, attracting $793 million […]
Arbitrum Price Forecast: February 10 The Arbitrum price forecast suggests that the bulls are preparing to take control of the market. The candles have held above the $0.3800 support level and are now pushing upward to break through the critical $0.4820 resistance. Arbitrum Long-Term Trend: Bearish (1-Day Chart) Key Levels: Resistance Levels: $0.4820, $0.6675 Support […]
Bitcoin (BTCUSD) Buyers Fail to Launch Solid Attack Bitcoin sellers are gaining control as buyers struggle. Bitcoin has slipped lower again, as buyers lose momentum following repeated rejections at the $107,770 resistance level. The crypto market is showing renewed selling pressure, with BTC now trading near the $96,000 zone. Bitcoin Key Levels: Resistance Levels: $100,000, […]
Bitcoin (BTCUSD) Price Forecast: February 7 The Bitcoin market, the largest cryptocurrency price crosses the $99k supply level, struggling to recover from the recent market downturn. The coin continues to face buying pressure as broader crypto market correction continues to reflect on the momentum. The crypto is trying hard not to fall again by resisting […]
Utah remains poised to pioneer the US Bitcoin Reserve. In a bold move that underscores growing institutional confidence, Utah is poised to become the first U.S. state to establish an official BTC reserve. With a legislative window of just 45 days, state lawmakers face a critical decision on integrating Bitcoin into public investments. Industry figures, […]
BTCUSD (Bitcoin) Buyers Struggle to Gain Ground BTCUSD remains under pressure below $100,000 as buyers struggle to regain momentum. Bitcoin is currently unable to sustain a move above the crucial psychological level, leading to increased selling pressure. After reaching $107,000 last month, sellers have regained control, driving the market into a downward correction. Bitcoin Key […]
Trump has given the green light for the creation of a US sovereign wealth fund, sparking speculation about whether Bitcoin could play a role in backing the fund. On February 3, President Donald Trump announced plans to establish a national investment vehicle aimed at generating and distributing wealth for American citizens. During a White House […]
