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Bitcoin volatility not shaking investor interest, recent dip sees $500M evaporation without major trend shift

Quick Take Bitcoin once again demonstrated its dynamic nature as open interest experienced substantial growth yesterday. This rapid upsurge was followed by a noteworthy contraction as Bitcoin’s value flash crashed by 2%, leading to an approximate evaporation of half a billion dollars in open interest. дальше »

2023-9-19 15:30


Is The Bitcoin Price Rally Sustainable? On-Chain Data Provides Crucial Insights

Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, more than half of which was flushed out when BTC fell back below $27,000. дальше »

2023-9-19 10:50


Bitcoin Dominance Returns Above 50% As Altcoins Encounter Resistance

With a market valuation of almost $520 billion and a current price of $26,690, Bitcoin has reclaimed the limelight. It now accounts for more than half of the entire cryptocurrency market. This turning point is important because it occurs at a time when many alternative cryptocurrencies are stagnating or declining. It’s worth noting, though, that […] дальше »

2023-9-19 10:30


XRP Faces Big Challenge: Scaling The $0.55 Wall – Possible?

XRP, the cryptocurrency tied to Ripple, found itself entangled in a familiar tussle with the $0. 55 resistance level as bearish forces thwarted its early attempts at a rebound. While last month’s pivotal summary judgment offered a glimmer of regulatory clarity for XRP, the ongoing specter of the SEC appeal and an impending trial slated for the first half of 2024 are fostering an air of skepticism among the investor community. дальше »

2023-8-28 14:00