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” Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip “ The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9 rout, which saw Bitcoin (BTC) briefly dip to…
” Bitcoin retests key $30K support zone as data highlights BTC whale accumulation “ Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears pushing Bitcoin (BTC) to $30,334, its lowest price since July 2021. Crypto Fear & Greed Index. Source: Alternative.me Multiple factors…
” Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside “ “When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level…
” Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020 “ Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance. The widespread weakness comes as traders have had more time…
” Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K “ The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equities markets are also in a…
” Bitcoin network difficulty breaks into a new all-time high of 29.794T “ Reassuring its position as the most resilient blockchain network against attacks, the Bitcoin (BTC) network recorded a new all-time high network difficulty for the second time this month in April — jumping from its previous all-time high of 28.587 trillion to 29.794…
” Bitcoin halving analysis hints at $24K bottom before the end of 2022 “ One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency. Bitcoin price failed to hit the long-predicted $100,000…
” Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K “ Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or…
” Bitcoin is 40%+ down from its ATH, but on-chain analysts say it’s ‘starting to bottom out’ “ The cryptocurrency market has experienced another rollercoaster week that saw Ether (ETH) price drop below $3,000 and Bitcoin (BTC) price hit a new multi-month low at $37,700. Equities markets also endured a sharp sell-off primarily due to…
” Bitcoin network hash rate hit a new record high amid price volatility “ The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark. The network’s hash rate hit a new record high of 258 EH/s on Thursday before…