BTC and ETH Suffer Major Losses as Crypto Market Declines 3.27% Amid Volatility

The cryptocurrency market witnessed a notable downturn, closing the week at $1.91 trillion. Bitcoin (BTC) and Ethereum (ETH) suffered significant losses, leading to widespread declines across various ...

Crypto Analyst Says Ethereum Could Fall Further if ETH Support Level Crumbles, Maps Path Forward for Bitcoin

A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH’...

Bitcoin Price Surges Post Recent Decline

Bitcoin‘s price has surged past $55,280 following a recent slump, even as the broader crypto market remains under pressure. Analysts had previously warned that dropping below the $61,700 mark could le...

Bitcoin Miners Face Mixed Results in August Amid Network Challenges and Rising Electricity Demand

Bitcoin miners recently disclosed their production results for August, indicating a mixed performance across the sector as they navigate operational challenges. Amid heightened electricity demands, pa...

Ethereum ETFs Struggle Amid $476 Million Outflows: A Stark Contrast to Bitcoin’s Strong Launch

The launch of spot Ethereum ETFs has faced significant challenges since its inception. Despite early expectations, the first month has seen substantial net outflows, raising questions about investor s...

BTC sets for a bearish reversal

BTC was experiencing a strong downward momentum at press time, as BTC dropped by 2.45%. An analyst predicted a bearish reversal, based on two momentum indicators. Bitcoin [BTC], the largest cryptocurr...

Bitcoin Dips to $53,810 Amid Mixed Economic Signals and Anticipation of Fed Rate Cuts

The recent jobs report has stirred discussions among economists and investors alike, highlighting a softening labor market. Despite a shortfall in job creation, experts remain divided on the implicati...

Bitcoin Faces Significant Decline: 4.5% Drop in 24 Hours as Liquidations Surge

Bitcoin’s recent price performance indicates significant market dynamics, with a notable decline against the U.S. dollar. The cryptocurrency has witnessed a staggering drop of over 10% in two weeks, r...

Bitcoin’s Long-Term Momentum Falters as 200-Day SMA Indicates Bearish Trend Amid Weak U.S. Employment Data

The Bitcoin market is currently experiencing a slowdown in bullish momentum, as indicated by its 200-day simple moving average (SMA). This shift comes ahead of critical U.S. employment data, which is ...

Bitcoin Rallies as U.S. Job Growth Hints At 25 Basis Point Rate Cut

Ahead of the U.S. jobs report, Bitcoin (BTC) and the cryptocurrency market experienced a solid decline. Bitcoin’s price fell to approximately $55,200 in the last 24 hours, marking a month low. Yet, fo...

US Spot Bitcoin ETFs See $211 Million Net Outflows

Fidelity’s FBTC had the most outflow, totaling $149.49 million. Since their introduction, the spot bitcoin ETFs have received a total of $17.06B in net inflows. Net withdrawals of $211.15 million were...

Spend Bitcoin Directly: Mastercard’s New Crypto Debit Card Hits Europe

Mastercard has launched a crypto debit card that will allow users to spend their Bitcoin directly from self-custodial wallets without the involvement of third-party intermediaries.  Expanding Crypto U...

Bitcoin Could Plunge by Double Digits After Failed Breakout, According to Justin Bennett – Here’s His Outlook

A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet by double digits after failing to break out. In a new strategy session, crypto trader Justin Bennett tells his 110,800 foll...

Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge ...

JPMorgan: Bitcoin’s Market Resurgence Depends on Retail Investors as Crypto Ecosystem Faces Catalysts Shortage

JPMorgan’s latest analysis highlights the current state of the cryptocurrency market, emphasizing the need for retail investors to return for significant movement. The total market capitalization of c...

Litecoin gains 5% amidst Bitcoin’s September struggles – Historical trend?

LTC has diverged notably from Bitcoin’s recent plunge, holding an 8% upward swing.  Will it maintain this trend or succumb to Bitcoin’s volatility? Litecoin [LTC], amid broader market swings, led by B...

Bitcoin active address momentum slows, echoes post-peak declines of 2018 and 2021

Onchain Highlights DEFINITION: This metric, compares the monthly average 🔴 of new addresses against the yearly average 🔵 to underline relative shifts in dominant sentiment and help identify when the t...

Bitcoin Is Good, but Seasoned Traders Choose Memecoins in September for 1000% Profits – Here Are Their Top Picks

The next big bull run and altcoin season are on the horizon. The overall market situation remains calm with altcoins still at low prices, poised for a potential explosion. Investors are eagerly watchi...

Bitcoin Faces Decline After US Market Opens

Bitcoin, the largest cryptocurrency by market value, experienced a notable decline following the opening of the US market. This downturn is attributed largely to diminishing expectations for Federal R...

Sudden Decline in Bitcoin! Below $54,000 Seen: What Causes the Decline?

Bitcoin fell below $54,000 per coin, the lowest level since early August, and is down about 4% on the day. The Reason for the Decline is Risk Aversion in the US After Nonfarm Payrolls Data A brief ral...

Bitcoin Faces Selling Pressure as UTXO Profit Percentage Drops to 68.5%

The cryptocurrency market is witnessing notable fluctuations as Bitcoin investors respond to recent on-chain analyses. CryptoQuant’s latest report highlights a significant drop in the percentage of pr...

Bitcoin Whale Activity Raises Concerns Amidst Sudden Sell-off

A massive Bitcoin whale recently transferred 1,000 BTC, worth approximately $55.36 million, to Binance at a significant loss. The transaction occurred roughly 25 minutes ago, indicating a bearish sent...

Bitcoin Plummets Below $54,000 as U.S. Jobs Data Sparks Economic Concerns

Bitcoin’s recent price decline has raised eyebrows among market analysts and investors alike. The impact of U.S. economic indicators on cryptocurrency valuations is becoming increasingly evident. Afte...

$150M in Liquidations as Bitcoin (BTC) Price Falls $2.5K in Minutes

Bitcoin had finally seen a minor relief rally that drove it to $57,000 after the US jobs report when the bears reminded of their presence and pushed it south hard. The total liquidations have skyrocke...

Russia Mined 54K BTC in 2023, Boosting Tax Revenue and Expanding Crypto Operations

Russia mined 54K BTC 2023, according to Sergey Bezdelov, Director of Russia’s Industrial Mining Association. As reported by CryptoSlate, this large-scale Bitcoin mining operation contributed significa...

US Spot Bitcoin Exchange Traded Funds (ETFs) Negative Streak Extends to 7 Days! Here Are the Details

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $211.15 million on Thursday, marking the seventh consecutive day of negative flows, according to SoSoValue data. US Spot Bitcoin...

Analyst warns of a Bitcoin bear trap before the spike

Bitcoin (BTC) crashed below the $55,000 price level in what some analysts believe is a bear trap. If these analyses play out, the leading cryptocurrency could soon revert its downtrend into a bullish ...

Bitcoin falls below $54k as market sees volatility following jobs data

Bitcoin tumbled below $54,000 on Friday after initially climbing to $57,000 earlier in the day following the release of a key US jobs report. The swift reversal sent shockwaves through the crypto mark...

Bitcoin falls below $54K as U.S. jobs data disappoints

Bitcoin (BTC) briefly surged above $55,000 before the U.S. trading session on September 6, driven by weaker-than-expected employment data. However, the price soon reversed, dipping below $54,000 and h...

Why Is Bitcoin Price Down Today? How Low BTC Price Might Go? 

The growing bearish influence over the market has successfully managed to drop the BTC price by 5.65% in the last seven days. Currently, the Bitcoin market cap hangs at $1.10 trillion.  As the 24-hour...

Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights

Peter Zhang Sep 06, 2024 14:42 Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates. Riot Platforms,...

Bitcoin – Why Arthur Hayes is making a ‘< $50K this weekend' prediction

Arthur Hayes believes BTC could slip below $50k into the weekend Bitget’s Gracy Chen maintains a long-term bullish outlook though Bitcoin’s [BTC] weakness hiked in September as the world’s largest dig...