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Bitcoin Retests $20,000 In Violent Selloff: Will The Key Support Hold?

Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin.   Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn by bulls be washed away in a wave of sudden sell pressure? Bitcoin Joins Broader Crypto Market Bloodbath The cryptocurrency market was a bloodbath today as news broke that the New York Attorney General’s office filed a lawsuit against crypto exchange Kucoin for selling unregistered securities — which named Ethereum among them. дальше »

2023-3-10 02:48


Bitcoin Miners Appear Not To Sell Or Care About Price, Is This Bullish?

Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index (MPI), a ratio between the total miner BTC outflows and the 365-day moving average of the same reading, Bitcoin miners have not been sending their coins to external addresses, typically exchanges. дальше »

2023-3-9 21:27