Crypto markets modestly bounced on Friday with BTC$109,271.26 back above $110,000. Ethereum’s ETH$4,024.96 outperformed with a 3.8% gain to cross $4,000, while DOGE$0.2314 rose 3.4% and SOL$200.54 added 2.5%. The cautious bid came as fresh inflation data landed squarely in line with forecasts. The Fed’s preferred measure of prices, the Personal Consumption Expenditures (PCE) index, … Read more
Bitcoin’s (BTC) feeble bounce this week ran out of gas on Thursday, with prices slipping back below $110,000 and some market watchers warning of a deeper pullback. The largest cryptocurrency fell 2.2% over 24 hours to $109,500, erasing half the gains it made from the weekend’s low of $107,000 as it topped $112,600 on Wednesday. … Read more
Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000. Several analysts said the next most … Read more
Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000. Several analysts said the next most … Read more
By James Van Straten (All times ET unless indicated otherwise) As August draws toward a close, bitcoin BTC$111,386.94 bulls may welcome the end of a modest pullback, with the largest cryptocurrency down around 4% for the month and 12% off its all-time high of $124,500. For now, it’s little changed around $110,580, up less than … Read more
Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000. Several analysts said the next most … Read more
Crypto traders are becoming increasingly bullish on social media over Bitcoin’s chances of reclaiming $110,000, but the surge in optimism isn’t always a good sign, says blockchain analytics platform Santiment. “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value,” Santiment analyst Brian Quinlivan told Cointelegraph. Bullish Bitcoin … Read more
Crypto traders are becoming increasingly bullish on social media over Bitcoin’s chances of reclaiming $110,000, but the surge in optimism isn’t always a good sign, says blockchain analytics platform Santiment. “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value,” Santiment analyst Brian Quinlivan told Cointelegraph. Bullish Bitcoin … Read more
Crypto traders are becoming increasingly bullish on social media over Bitcoin’s chances of reclaiming $110,000, but the surge in optimism isn’t always a good sign, says blockchain analytics platform Santiment. “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value,” Santiment analyst Brian Quinlivan told Cointelegraph. Bullish Bitcoin … Read more
Crypto traders are exhibiting bearish behavior despite bitcoin trading above $110,000 and possibly taking aim at a new record high above $112,000. Data from Coinalyze shows that during bitcoin’s move this week from $106,000 to $110,000, the long/short ratio fell from 1.223 in favor of longs to 0.858 in favor of shorts. It’s worth noting … Read more