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” Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’ “ Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time. Evidence of this reality was on full display…
” Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20% “ Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto rise as dollar weakens Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling volatility immediately…
” Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K “ “When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months. This…
” Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout “ Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin (BTC) price swept yearly lows below $18,000. The green day for cryptocurrencies…
” Price analysis 7/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX “ Bitcoin (BTC) rose above $22,000 and Ether (ETH) traded above $1,500 on July 18, indicating that bulls are gradually returning to the cryptocurrency markets. This pushed the total crypto market capitalization above $1 trillion for the first time since June…
” BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD…
” Bitcoin hodling activity resembles previous market bottoms: Glassnode “ The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16 tweet, Glassnode noted that more than 80% of the total U.S. dollar (USD)-denominated…
” Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price? “ A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a…
” Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, FTT, ETC “ The United States equities markets recovered from their intra-week lows last week, suggesting demand exists at lower levels. On similar lines, Bitcoin (BTC) also recovered from $18,910 last week, indicating that traders may be getting back into risky assets. However, analysts…
” Ethereum traders gauge fakeout risks after 40% ETH price rally “ Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential…