The price of Bitcoin has continued to soar this week, with the premier cryptocurrency consolidating its place above the $50,000 mark. Interestingly, on-chain data shows that a particular class of investors had less to do about the recent rally, sparking conversations about their participation in the current bull cycle. origin »
After a disappointing performance during the week, the price of Bitcoin has continued its sluggish action over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 level over the past 24 hours.
Bitcoin has officially lost its footing below the critical $100,000 level, rattling markets and fueling a wave of fear-driven selling. The move comes after a sharp surge in bearish sentiment, with CryptoQuant data indicating that Bitcoin’s latest decline is largely psychological rather than fundamentally driven.
Key Takeaways
Was the October Bitcoin crash really about tariffs?
Derivatives data showed an overheated Bitcoin market. In short, the wipeout looked more like a leverage flush than a macro reaction.
Crypto markets started this new week with a surge powered by a rare alignment of favorable macroeconomic shifts. According to CryptoSlate data, Bitcoin climbed to a fresh intraday high above $116,000 before stabilizing near $115,587 as of press time.
Bitcoin has pulled back to around $115,000, marking a 6.8% decline below its all-time high of $124,128, reached on Aug. 14. The move comes as fresh macroeconomic data unsettled traders while large holders appeared to lock in gains near the…
According to data from companiesmarketcap. com, Bitcoin’s current market capitalisation stands at $2. 407 trillion. Bitcoin reached a new all-time high of $123,091. 61 on Monday, as per CoinMarketCap data.
U.S. spot Bitcoin ETFs closed out April with money flowing out as Bitcoin slipped below the $95,000 support level, partly because of worries over Trump’s new tariffs and weak U.S. economic data. According to SoSoValue data, the 12 spot Bitcoin…
Bitcoin is moving with macro conditions. If U.S. labor data signals weakness, the Fed may step in—potentially pushing Bitcoin higher. Bitcoin’s (BTC) next move could hinge on upcoming U.S. labor market data, as macro conditions continue to shape liquidity and…
On-chain data shows renewed buying interest and lower supply on Binance, driving Bitcoin’s recent price increase.
Open Interest and active addresses also suggest stronger market participationThe post Bitcoin hits 109K - Can BTC rise further? THIS data suggests... appeared first on AMBCrypto.
Here’s what on-chain data says regarding which segment of the Bitcoin market has been participating in selling at the latest high prices. 90-Day+ Bitcoin Investors Have Been Showing Activity Recently As pointed out by YouTuber denome in an X post, only one segment of the Bitcoin market is still participating in profit-taking. The data shared […]
Bitcoin is witnessing a surge of on-chain activity, with daily active addresses nearing 1 million, data indicates. Bitcoin’s (BTC) march to $100,000 has driven a surge in on-chain activity, with data from IntoTheBlock showing a shift in the cryptocurrency’s long-term…
A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims. Bitcoin (BTC) miner Northern Data saw a lawsuit from two former executives dismissed after they retracted allegations of wrongful termination…
On-chain data shows a significant decline in the Bitcoin large holder outflows as the flagship cryptocurrency remains above the $68,000 mark. According to data provided by IntoTheBlock, the Bitcoin (BTC) whale net flow shifted from an outflow of 1,650 BTC…
The absence of significant catalysts has left the crypto market sensitive to US macro data prints.
Bitcoin’s weekly Relative Strength Index reading closed at its lowest level since January 20The post Bitcoin to $50k or $80k? How U.
Bitcoin saw higher exchange outflows compared to inflows as demand started to recover.
Derivatives remained weak as Micro strategy led the charge in the spot market.
The sell pressure we witThe post Are Bitcoin exchanges helping BTC turn bullish? Key data says... appeared first on AMBCrypto.
European Bitcoin mining company Northern Data AG has announced plans to raise €214 million through a 20% capital increase, issuing 10.7 million new shares. German Bitcoin (BTC) mining company Northern Data AG is set to bolster its operations through a…
Bitcoin faced a critical juncture with potential paths to $76,610 or a drop to $51,970.
Market data and analyst insights suggested increased selling pressure and a bearish short-term outlook.
On-chain data shows the Bitcoin investors have been capitulating recently, a sign that FUD has been gripping the market. Bitcoin Total Amount Of Holders Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the Bitcoin Total Amount of Holders has registered a notable decline recently.
Bitcoin has broken above the $28,000 mark as on-chain data shows the key BTC wallets have been accumulating during the last few weeks. Bitcoin Sharks & Whales Have Been Accumulating During Past Month According to data from the on-chain analytics firm Santiment, the large BTC wallets have accumulated a combined $1.17 billion in the cryptocurrency […]
Financial market participants await the US inflation data Bitcoin shows signs of a possible reversal A falling wedge and a bullish divergence support the case for higher Bitcoin prices Today is important for anyone interested in financial markets and US data.
Quick Take Latest data from the UTXO Realized Price Distribution (URPD) reveals an interesting pattern of Bitcoin’s trading behavior. The URPD, which illustrates the prices at which the current set of Bitcoin UTXOs were generated, indicates a particular concentration between the $28.
Peter Schiff, a Bitcoin hater and prominent financial analyst renowned for his insights into economic trends, has turned his scrutiny toward the recent United States inflation data, raising questions about the efficacy of the Federal Reserve’s campaign to curb escalating prices.
Quick Take Analysis of FRED Data: Bitcoin Price vs. Personal Savings Rate Our examination of the data from the Federal Reserve Economic Data (FRED) brings out an interesting correlation between the Bitcoin price and the personal savings rate.
On-chain data shows the Bitcoin investors have locked in profits amounting to $537 million following the latest rally in the asset’s price. Bitcoin Entity-Adjusted Realized Profit Has Shot Up Recently According to data from the on-chain analytics firm Glassnode, BTC investors have just participated in the second-largest profit-taking event of the year. The relevant indicator […]
On-chain data shows that Bitcoin whales have just had their most active hour in around three months as the asset has broken past $30,000. Bitcoin Whale Transaction Count Has Observed A Spike Recently According to data from the on-chain analytics firm Santiment, 259 whale transactions occurred two hours after the local top that the cryptocurrency has observed during the past day so far.
Bitcoin is trading at a “heavy discount” on Binance. US, presenting a significant arbitrage opportunity for traders, according to Kaiko data. Data from Cryptocompare corroborates the above.
Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data from the on-chain analytics firm Santiment, investors showed high levels of fear around the time of the local bottom during the past day.
On-chain data shows that Bitcoin investors have shifted towards aggressive accumulation recently, something that may help sustain the rally longer. Bitcoin Accumulation Trend Score Has Tended Towards 1 Recently According to data from the on-chain analytics firm Glassnode, there is a structural similarity forming between the current and 2018-2019 BTC cycles. The indicator of interest […]
Bitcoin’s (BTC) on-chain data has recently revealed a significant milestone in the history of cryptocurrency. Glassnode data shows that the amount of bitcoin supply last active over 10 years ago has reached an all-time high of 2,673,268 BTC. In addition,…
Launched by the software engineer Casey Rodarmor in January 2023, the Ordinals protocol allows users to create data directly on the Bitcoin blockchain. The protocol enables adding data to satoshis – the smallest unit of Bitcoin, equal to 0.
On-chain data shows the trading interest of whales in Bitcoin is now at its lowest point in around two years. Bitcoin Whale Transaction Count Has Declined Recently According to data from on-chain analytics firm Santiment, the transactions being done on the network by whales have slowed down recently.
Bitcoin’s (BTC) accumulation trend score is currently flashing zero for whales indicating that they have stopped acquiring more coins, according to Glassnode data.
The post Research: Data shows Bitcoin whales are massively selling holdings appeared first on CryptoSlate.
This week, Invezz set out to compare data sets in an effort to determine which country are the best Bitcoin traders. We first took data from Chainalysis, which displayed the top 25 countries by realised Bitcoin gains in the world in 2020.
Mondays are difficult at the best of times. For Bitcoin investors, however, this is…
The post Red Monday for Bitcoin as $114 million liquidated, but on-chain data remains stout appeared first on Coin Journal.
Bitcoin's latest rally saw the more bullish influencers and traders on Twitter throw confetti online as they celebrated the rise of the king coin (yet again). Before you join the party, however, it's The post Bitcoin may have hit $47K, but exchange supply data reveals that... appeared first on AMBCrypto.
Bitcoin, and other crypto-assets, look well-positioned for an upclimb in the near term. This is according to new on-chain data from the Santiment analytics platform.
Despite a series of dramatic sell-offs, data by on-chain data analysis firm Santiment now shows that Bitcoin’s supply on exchanges has hit a multi-year low, dropping to just 10. 87% compared to 13. 9% about six months ago.
Биткоин удержался выше важного уровня поддержки $92 000, что повышает вероятность роста в среднесрочной перспективе, заявили аналитики трейдинговой компании QCP Capital.
Сооснователь компаний DeGods, y00ts и стартапа невзаимозаменяемых токенов Dust Labs под ником Frank заявил, что крипторынок стремительными темпами приближается к «жесткой переоценке» топ-100 цифровых монет.
Аналитики трейдинговой компании QCP Capital заявили, что главным фактором давления на рынок биткоина стала фиксация прибыли со стороны долгосрочных держателей этой криптовалюты.
Глава венчурного фонда Sigma Capital Винит Будки (Vineet Budki) заявил, что инвесторы до сих пор не понимают биткоин и при малейшей коррекции избавляются от этого актива, создавая давление на цену первой криптовалюты.
Bitcoin has experienced a significant drop in spot and futures volumes, which signals a potential summer lull. Low volatility and thinning liquidity could see a consolidation phase with a potential pullback to $100,000.
Стратегия увеличения капитализации компаний за счет создания биткоин-резервов может оказаться не такой долговечной, как многие предполагают, считает аналитик платформы Glassnode Джеймс Чек (James Check).
Аналитики платформы Bitfinex сообщили, что озвученный ими ранее прогноз о вертикальном ралли биткоина не оправдался. По их мнению, рынок перешел в стадию коррекции на неопределенный срок.