Tag Archives: bitcoin

Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections

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The Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve’s (Fed) cautious outlook on interest rate cuts dampened crypto investments.  At one point in Wednesday’s trading session, the market’s leading crypto dropped to $98,760 before recovering to the six-figure mark. Other cryptocurrencies, including Ethereum (ETH)… Continue reading Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections→

Bitcoin Price Still Mirroring Bullish Move From 2023, What To Expect After Hitting $108,000 ATH

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Crypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000. The analyst drew similarities between the current price and that of 2023 while revealing what could happen next for the flagship crypto.  What Next As Bitcoin Price Mirrors 2023 Move In… Continue reading Bitcoin Price Still Mirroring Bullish Move From 2023, What To Expect After Hitting $108,000 ATH→

Bitcoin’s Record ATH Surge: Key Factors Behind the Rise and Future Predictions

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According to reports, on December 17, Bitcoin (BTC) hit a new all-time high (ATH) of $107,756.83 before falling to $106,657.32 at the time of writing. It continues to rule the cryptocurrency field thanks to its strong bullish momentum, which has market watchers wondering if it could soon shatter this record and reach a new all-time… Continue reading Bitcoin’s Record ATH Surge: Key Factors Behind the Rise and Future Predictions→

US Strategic Bitcoin Reserve Could Push Price To $500,000: Expert

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In an exclusive exchange-traded funds (ETFs), corporate investments, and governmental acquisitions. Hougan elaborated, “There are ETFs that are vacuuming up Bitcoin, public companies like MicroStrategy are accumulating Bitcoin, and now we’re seeing discussions about governments investing in Bitcoin. It ultimately boils down to supply and demand—there’s too much demand and not enough supply, which drives… Continue reading US Strategic Bitcoin Reserve Could Push Price To $500,000: Expert→

Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why

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The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in… Continue reading Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why→

Bitcoin Price Corrects, Yet Support Zones Keep Bulls in Play

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Bitcoin price started another increase above the $106,000 resistance zone. BTC traded to a new all-time high above $108,000 and is currently correcting gains. Bitcoin started a fresh surge above the $106,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend… Continue reading Bitcoin Price Corrects, Yet Support Zones Keep Bulls in Play→

Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means

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Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin’s ongoing price increases. This trend indicates growing buying pressure from long-term investors, as speculative activity in the futures… Continue reading Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means→

Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon?

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Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH’s potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000. Ethereum Spot ETFs Attracting Consistent Inflows According to data from SoSoValue, Ethereum… Continue reading Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon?→

Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report

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As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Bitcoin’s ‘Unique’ Cycle In its latest Alpha Report, Bitfinex highlighted the… Continue reading Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report→

MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse

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MicroStrategy, the business intelligence firm co-founded by Bitcoin bull Michael Saylor, has significantly ramped up its Bitcoin acquisition strategy, surpassing 400,000 BTC in holdings.  However, concerns about the company’s financial stability tied to the Bitcoin price have emerged, particularly from Ki Young Ju, CEO of CryptoQuant. Ju cautioned that while the prospect of MicroStrategy facing… Continue reading MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse→