Bitcoin

Bitcoin Price Flirts With $60K as Weekly Gains Surpass 10% (Market Watch)

Bitcoin Price Flirts With $60K as Weekly Gains Surpass 10% (Market Watch)

The cryptocurrency markets have remained relatively calm in the past 24 hours, with most coins trading flat. Their total capitalization is currently around $2.2 trillion. The BTC price didn’t experience significant volatility during the past 24 hours. At one point, the bears attempted to push it toward $59.5K, but the bulls were quick to intervene […]

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Bitcoin Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch)

Bitcoin Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch)

Bitcoin’s price tumbled hard on Friday but managed to recover some ground on Saturday and has maintained above $54,000 since then. The altcoins have also seen some minor relief increases, with ETH standing close to $2,300 and BNB reclaiming $500. BTC Maintains $54K It was another bearish week for the primary cryptocurrency, even though it

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Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further

Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further

Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction of BitMEX co-founder Arthur Hayes, who believes there could still be more pain to come for crypto holders. Bitcoin traded for $56,925 at 1:25 PM

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Can Today’s Bitcoin Options Expiry Reverse Market Momentum? 

Can Today’s Bitcoin Options Expiry Reverse Market Momentum? 

Around 13,500 Bitcoin options contracts are due for expiry on Friday, September 6, with a notional value of around $776 million. Today’s options expiry is relatively small compared to last week’s end-of-month expiry, so the impact on spot markets is likely to be minimal. This week’s tranche of Bitcoin options contracts has a put/call ratio

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Spot Bitcoin ETFs Extend Negative Streak, Ethereum ETFs Back in Red

Spot Bitcoin ETFs Extend Negative Streak, Ethereum ETFs Back in Red

The landscape around the spot Bitcoin ETFs in the US has changed dramatically since a few weeks ago when investors showed significant demand. Current data shows six consecutive days of consistent outflows, with September 3 being the worst in terms of flows since May 1. US investors’ behavior regarding the spot Bitcoin ETFs is frequently

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Bitcoin Price Recovers Above $58K: Bear Trap Confirmed?

Bitcoin Price Recovers Above $58K: Bear Trap Confirmed?

Bitcoin’s price is back above $58K, registering an increase of around 3% in the past 4 hours alone. As CryptoPotato reported earlier today, the market had shed some $100 billion off its total market capitalization as the BTC price dropped to a monthly low of under $56,000. Most of the altcoins followed suit, trading deep into red

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Bitcoin Leads $305M Digital Asset Outflows, CoinShares Blames US Economic Data

Bitcoin Leads $305M Digital Asset Outflows, CoinShares Blames US Economic Data

Digital asset investment products witnessed $305 million in outflows last week, with negative sentiment widespread among various providers and regions. CoinShares attributes this to stronger-than-expected economic data from the United States, which has lowered the probability of a 50-basis point interest rate reduction. The asset manager further expects that as the Federal Reserve approaches a

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Bitcoin Price Analysis: BTC Could Dump to $52K if This Support Level Is Broken

Bitcoin Price Analysis: BTC Could Dump to $52K if This Support Level Is Broken

Bitcoin’s price has failed to recover above the $64K resistance level since its significant drop in the first week of August. Yet, there are several support levels available to turn things around. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been consolidating below the 200-day moving average, around the

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Bitcoin Price Analysis: BTC Loses Momentum With Possible Price Declines to $56K and $52K

Bitcoin Price Analysis: BTC Loses Momentum With Possible Price Declines to $56K and $52K

Bitcoin’s price has been showing a willingness to drop lower. However, market fundamentals point to something different. BTC is down by nearly 10% in the past week, currently struggling to remain above $58,000. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been consolidating around the $60K level, following a

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