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Following yesterday’s gains, both bitcoin and ethereum consolidated on Wednesday, as bullish momentum eased. After rallying above $32,000, BTC moved marginally lower during the hump-day session, while ETH once again fell below $2,000. Bitcoin BTC was trading lower on hump-day, as bullish sentiment slightly faded, following yesterday’s price surge. Following a move to a nearly … Read more
Bitcoin right now is a no-brainer investment for willing buyers, argues CryptoQuant contributor. Go to Source Powered by WPeMatico
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. Go to Source Powered by WPeMatico
Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. Go to Source Powered by WPeMatico
Cryptocurrency markets have been quite volatile since November of 2021. With the prices of various cryptocurrencies rising drastically over Q4 2021 and continuing their bearish momentum for the first half of 2022, there’s no doubt that the volatility has impacted traders’ mental health. However, while most traders and investors can survive a slow and painful … Read more
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. Despite Losing Over 16% in … Read more
The broader crypto market has rebounded, with Bitcoin climbing back to $31,000 and beyond. Ethereum is attempting to break through the $2k barrier. After nine consecutive weeks of losses for Bitcoin, the crypto market recovered remarkably. Due to Sentiments, the Market Is Dull Cryptocurrencies have traded like tech stocks rather than as a separate asset … Read more
Miners are still accumulating BTC so far, but depressed prices continuing may upend the status quo this summer, new analysis says. Go to Source Powered by WPeMatico
For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a ranking score of 16 out of 100. Crypto Fear and Greed Index Remains in … Read more
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet. Go to Source Powered by WPeMatico