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Bitcoin faced a notable sell pressure earlier today, with its price trading as low as $74,604. However, at the time of writing, the asset is seeing a quiet rebound with prices now hovering back above $79,000. Regardless of this slight uptick, the asset is still down by 3.1% in the past day and nearly 30%… Continue reading Long-Term Bitcoin Holders Are Moving Coins—Further Sell-Off Incoming?
As Bitcoin (BTC), the market’s leading cryptocurrency, continues to trend lower, recent insights from industry experts highlight critical factors influencing BTC’s trajectory. According to Ki Young Ju, CEO of market intelligence firm CryptoQuant, the current Bitcoin bull cycle may be coming to an end. This assertion is grounded in the concept of Realized Cap, a… Continue reading Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market
Bitcoin (BTC) has fallen below the $78,000 mark on Sunday, trading at $77,840, reflecting a 6% decline as investors react to significant volatility in broader financial markets. This drop follows the worst decline in US equities since 2020, triggered by President Donald Trump’s announcement of restrictive global tariffs. The flagship cryptocurrency, which traded above $80,000… Continue reading Bitcoin Dips Below $78,000 As Tariff Fears Trigger Market Volatility
Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets. US-China Trade War Triggers Market Panic The sharp decline… Continue reading Bitcoin Dips Below $75K As Markets Tremble: What’s Going On?
Michael Saylor, Executive Chairman of Strategy, pointed out that Bitcoin won’t face tariffs under US President Donald Trump’s new import tax plan. Saylor shared this view on X, telling his 4.2 million followers about Bitcoin’s unique position compared to physical goods. Digital Assets Dodge Trump’s New Trade Taxes “There are no tariffs on Bitcoin,” Saylor… Continue reading Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword
Bitcoin’s recent price trajectory has continued to show considerable instability. After briefly climbing past the $87,000 mark earlier this week, the cryptocurrency experienced a significant pullback, declining to $81,332 earlier today. As of the latest data, Bitcoin is trading at around $82,600, reflecting a weekly decrease of about 7.6%. This downward momentum indicates ongoing market… Continue reading Binance Data Reveals Surprising Bitcoin Trading Patterns—Here’s What Traders Are Doing
Bitcoin, the leading cryptocurrency, continues to exhibit uncertain momentum since hitting its all-time high above $109,000 in January 2024. Since then, the digital asset has experienced diminished bullish activity and steady downward pressure, reflected by its latest price of approximately $82,000, marking a marginal weekly drop of about 0.6%. Market Implications of Volume Ratio Trends… Continue reading Analyst Uncovers Clues—Is Bitcoin’s Historic Bull Cycle Finally Topping Out?
According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may not have reached the peak of the current market cycle just yet. A key on-chain metric suggests that there could be one final leg up for the leading cryptocurrency before this bull market concludes. Bitcoin To Hit New Peak Soon? Data from CoinGecko… Continue reading Bitcoin Boom Still In Play? Analyst Predicts Final Leg Up
Bitcoin has seen yet another bounce in the past day, adding to the recent series of rebounds. Here’s what on-chain data says regarding if BTC is going anywhere with them. Bitcoin Realized Profit/Loss Ratio Could Shed Light On Broader Dynamics In its latest weekly report, the on-chain analytics firm Realized Profit/Loss Ratio for Bitcoin, which… Continue reading Bitcoin Keeps Rebounding—But Is Momentum Really Turning Bullish?
Bitcoin’s price appears to have resumed its downward trajectory after briefly recovering to the $87,000 level earlier this week. At the time of writing, Bitcoin has experienced a 5.7% decline in the past 24 hours, bringing its price significantly below recent highs. Currently, BTC is down approximately 24.7% from its all-time high recorded above $109,000… Continue reading Bitcoin Market Sentiment Worsens as Bull Score Index Drops to 10