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Category: Bitcoin
Live Bitcoin News Updates.
Is $50K Imminent After Another 3% Daily Crash for BTC?
Bitcoin has been experiencing a bearish retracement following a significant rejection from the 100-day and 200-day moving averages. This highlights the prevailing dominance of sellers, who seem to be ...
Bitcoin Nears Breakout After US Job Data, 125 Bps Fed Rate Cuts This Year?
The US non-farm payroll data shows that 142,000 jobs have been added in August, down from what the market was expecting. Following this data, which indicates a cooling Labor market, the market is now ...
Bitcoin consolidation tests investors’ patience amidst volatile market sentiment
Quick Take Bitcoin continues to hover in the mid-$50,000s, entering a consolidation period characterized by downward volatility. This period has tested investors’ patience as other asset classes, like...
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits...
Bitcoin Volatile As Market Awaits Impact Of U.S. Jobs Report Data
Key points: The bitcoin market is experiencing heightened volatility ahead of Friday’s U.S. non-farm payroll data release. The data may be a determinant as to the size of a potential rate cut by the U...
Bitcoin's Potential Rally Amid U.S. Dollar Weakness
Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often gains strength, and this dynamic mi...
Bitcoin’s Volatility Surpasses Historical Average
Crypto investment management firm Matrixport has published its latest weekly report, highlighting a notable increase in Bitcoin‘s 30-day realized volatility, which has now exceeded 60%, surpassing its...
Ancient Bitcoin Address Comes Alive After Lying Dormant Since 2012, Moves $1,810,404 in BTC at 487,122% Profit
A deep-pocketed crypto holder who bought Bitcoin (BTC) nearly 12 years ago is suddenly moving the flagship digital asset at a massive profit. On-chain data shows that on Thursday the previously dorman...
Bitcoin (BTC) Responds to U.S. Jobs Report Amid Rate-Cutting Speculations
The U.S. job market displayed signs of slower growth in August, influencing broader economic dynamics. Despite falling short of expectations, the report could shape the Federal Reserve’s upcoming mone...
Bitcoin Price Reacts to US Jobs Report and Declining Unemployment Rate
The Friday release of the US jobs report showed that the general expectations of over 160,000 job positions to be filled were not matched. Bitcoin reacted with an increase toward $57,000 as the report...
Bitcoin Traders In Profit Drop By 25%, BTC Liquidity Also “Very Low”
Bitcoin is in red, struggling against the deluge of selling pressure. Even though there was hope on August 23, and the coin started the month on a firmer footing, sellers have been unyielding. From th...
CryptoQuant Analyst Says All Bitcoin Evaluation Metrics in Bearish Territory: Target to Watch
Bitcoin may be set for lower price targets as data points to declining demand for the firstborn crypto asset and an aggressive bear dominance. Bitcoin has been in a pronounced downtrend in recent week...
Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Gained 0.9%
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Bitcoin Approaches $57,000 Amid US Jobs Data Decline
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US Non-farm Payrolls (NFP) data released on Friday, the US economy added 142,000 jobs in...
Bitcoin miners may profit from cheap energy for AI models
Bitcoin mining operations may offer more favorable prices per megawatt, potentially turning into profit-making machines for their owners. Recent activity around data center markets highlights the lowe...
Bitcoin Price Prediction: A Major Drop or a Massive Reversal? Here’s What Experts Say!
The post Bitcoin Price Prediction: A Major Drop or a Massive Reversal? Here’s What Experts Say! appeared first on Coinpedia Fintech News In the last 7 days, Bitcoin has dropped by at least 5.8%. At th...
Bitcoin (BTC) last support before the plunge
Bitcoin (BTC) is on the edge of the cliff once again. The last chance saloon of around $55,800 is all that is holding Bitcoin up. If the price falls through this last support, there is nothing to catc...
Just how safe is the $51 billion sitting in bitcoin ETFs?
Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Happy Fri-yay! No, but really, we made it through the ...
Bitcoin Volatility Continues as Analysts Await Crucial U.S. Jobs Report
The cryptocurrency market is experiencing fluctuation as traders react to upcoming economic data releases. Bitcoin is currently trading at approximately $55,975, reflecting a modest decline over the p...
Crypto Whales Buy $2.15 Billion in Bitcoin During Market Panic
As Bitcoin’s price retraces, large holders known as whales are seizing the moment, quietly accumulating while retail investors offload in fear. This trend, highlighted by data from Santiment, suggests...
BREAKING: US Nonfarm Payrolls Data Released! What Was Bitcoin’s (BTC) First Reaction?
As the downward trend in the leading cryptocurrency Bitcoin continues, the price dropped to the $ 56,000 levels. While analysts state that the downward trend in Bitcoin may continue, all eyes on BTC a...
Bitcoin and altcoins rise as NFP data point to a large rate cut
Cryptocurrency prices rose slightly after the U.S. published another weak nonfarm payroll report. Bitcoin (BTC) rose to $56,500 while Ethereum (ETH) jumped to $2,400 on Friday, Sept. 6. In the latest ...
U.S. jobs data miss prompts Bitcoin rise to above $56,000 amid rate cut speculation
Quick Take On Sept. 6, the US released its latest jobs data, revealing that non-farm payrolls increased by 142,000, falling short of the consensus estimate of 160,000. Meanwhile, the unemployment rate...
Bitcoin, Ethereum, XRP Weekly Wrap – September 6, 2024
The crypto market has been moving steadily and cautiously ahead of the US Nonfarm Payrolls (NFP) Report. Bitcoin’s (BTC) price, along with Ethereum (ETH), has been observed to be slightly bearish, whi...
Technical Analyst Who Made Fortune on BTC in 2021 Revealed His Next Big Crypto Bets – Seize This 5 Altcoins for 1000% to 5000% Profits in Octobers Bull Market
A renowned crypto analyst, famed for his success with Bitcoin in 2021, has just disclosed his latest picks. He believes these five alternative coins could skyrocket, promising potential gains of up to...
Bitcoin to follow stock market’s lead ahead of key US jobs report
Bitcoin and other major cryptocurrencies are closely watching how the stock market reacts to the upcoming US jobs report. Data shows a 30-day correlation coefficient for Bitcoin and the MSCI World Ind...
3 Reasons Why Bitcoin’s (BTC) Price Could Rebound in September: Details
TL;DR Bitcoin’s recent downtrend could soon give way to a renewed rally due to emerging positive signals. On the other hand, some indicators suggest the market correction might not be over yet. Headin...
Will September 2024 mirror what BTC’s price did in September 2016?
Bitcoin trend strength prophesy fulfilled. Bitcoin volatility dwindling as percent in profit reduces. Bitcoin [BTC] has once again demonstrated its cyclical nature, with the Bitcoin Trend Strength Pro...
Bitcoin to Fall to $46k? Crypto Market Sentiment Hits “Extreme Fear”
TLDR: Crypto market sentiment dropped to “extreme fear” with Bitcoin falling below $56,000 Arthur Hayes predicts Bitcoin could drop below $50,000 over the weekend Bitcoin is down 2.7% in 24 hours, wip...
Riot Blockchain suffers, but increases its Bitcoin (BTC)
The entire mining sector of Riot Blockchain is suffering after the April halving, but despite this, the company is increasing its Bitcoin (BTC). The increase of Bitcoin by Riot Blockchain Yesterday, ...
Institutions Purchase Most Newly Issued Bitcoin
Bitwise Europe Research Director Andre Dragosch has drawn attention to an escalating issue in the Bitcoin (BTC) market. According to Dragosch, institutional investors are currently acquiring nearly al...