Bitcoin (BTC) is experiencing a bearish trend, driven by intensifying geopolitical tensions. Israel’s invasion of Lebanon and Iran’s retaliatory missile strikes have contributed to uncertainty in global markets. As a result, Bitcoin closed 4% lower, finding support at the $60,000 mark. Analysts, including Justin Bennett, predict further declines, with Bennett forecasting a drop to $57,000. […]
The cryptocurrency market experienced significant crypto outflows last week, with investors withdrawing $147 million from digital asset investment products, according to the latest report from CoinShares. This shift in sentiment comes amid stronger-than-expected economic data, which has led to a reevaluation of investment strategies in the crypto space. Bitcoin, the largest cryptocurrency by market cap, […]
Events on the United States economic calendar could heavily influence Bitcoin’s price in the coming days, with key inflation data being the central focus. These events may also affect central bank policy decisions, which in turn have a direct impact on the broader financial markets. Crypto markets saw gains over the weekend and are maintaining […]
Bitcoin (BTCUSD) Buyers Regain Stance Bitcoin cryptocurrency has reclaimed its position around the $60,550 level, indicating a potential bullish move in the coming days. The new month has started positively for Bitcoin, as the price shows signs of recovery. BTCUSD Key Levels Resistance Levels: $66,610, $65,000 Support Levels: $60,550, $58,000Last month, Bitcoin price experienced a […]
BTCUSD Buyers Lose Momentum as Sellers Take Control The Bitcoin crypto has dipped back to the $61,800 key level as sellers take charge, gaining momentum after a shift in market trend. Following several weeks of dominance by the buyers, the sellers are now asserting their presence and pushing prices lower. The bullish trend, which began […]
Bitcoin (BTC) is showing strong signs of a bullish trend, with recent investor profits reinforcing market optimism. A notable case involved an investor who sold 265.89 BTC for $17.5 million after holding it for two years. Originally bought on Bitfinex, the sale resulted in a $11.28 million profit, representing an 181% return on investment (ROI). […]
Digital asset investment products have recorded their third consecutive week of crypto inflows, totaling $1.2 billion, according to the latest CoinShares report. This significant influx of capital is largely attributed to growing investor expectations of a more dovish monetary policy from the U.S. Federal Reserve. The approval of options for certain U.S.-based investment products has […]
Bitcoin (BTCUSD) Buyers Hold Ground Above the $63,000 Key Level The Bitcoin price has maintained its traction above the $63,000 key level, with buyers still vying for control despite a slowdown in momentum. BTCUSD traders are now watching closely for a potential breakout, especially as the month of September comes to a close. Key Levels […]
BTCUSD Buyers Continue their Pursuit The Bitcoin crypto has reached another significant milestone, breaking through the $66,000 key level as its bullish trend holds strong. The broader cryptocurrency market is back on an upward trajectory, with Bitcoin leading the charge. This month has seen a revival for buyers, as BTCUSD surged from the $52,000 level, […]
