Bitcoin Faces Challenges Amid S&P 500 Surge, But Potential For Bullish Rebound Remains

Despite a mild recovery to end the week, Bitcoin’s recent dip contrasts sharply with the continued flourishing of the S&P 500 and equities. For the past three years, Bitcoin and broader crypto markets have often surged in tandem with traditional equities. The current lag suggests Bitcoin might be poised for an eventual bullish catch-up period. … Read more

Bitcoin Fees Drop Amidst Increasing Wallet Holdings And Government Sales

Bitcoin transaction fees have seen a notable decline this week, dropping by 18% compared to the previous week’s 27% decrease. This marks the lowest weekly fee levels since November 2023, providing relief to users conducting transactions on the network. Total Bitcoin fees have decreased by 18% this week, following a 27% drop from the previous … Read more

Bitcoin Whale And Shark Wallets Increase Amid Market Dip

Despite a market dip, Bitcoin whale and shark wallets are on the rise, while smaller traders sell off their holdings. In July alone, there has been a net increase of 261 wallets holding at least 10 BTC, signaling long-term bullish sentiment among larger investors. 🐳📈 Bitcoin whale and shark wallets are increasing in number while … Read more

Bitcoin Sentiment Shifts As Key Bullish Indicators Emerge Amidst Market Fear

After Bitcoin’s retracement to $55.4K, a very bullish signal is becoming evident. Traders active in the past year have averaged returns of just +1.8%, the lowest level since BTC surged past $20K in March 2023. This low average return indicates potential for a significant upward move. 🤯 After Bitcoin’s retrace to as low as $55.4K, … Read more

Bitcoin Holders In Profit Despite Market Volatility: Analyzing Unrealized Gains And Government Movements

Despite recent fluctuations in Bitcoin’s price, a significant majority of holders remain in profit. Data from IntoTheBlock indicates that 82% of Bitcoin holders are still in profit, even after the latest price drop. According to @intotheblock 82% of Bitcoin holders are still in profit, even after the recent price drop of $BTC. Do you think … Read more

Bitcoin Market Poised For Major Move As Volatility Measures Tighten

The Bitcoin market is currently in an intriguing position, with the average coin still showing a 2x gain, despite most short-term holders being underwater. Several volatility measures are also showing significant compression, indicating that a larger move could be imminent. The #Bitcoin market is in an interesting spot, with the average coin still up 2x, … Read more

Bitcoin Activity Surges As Retail Investors Return

Bitcoin activity is on the rise, with the number of active BTC addresses surpassing 900,000 yesterday, reaching levels not seen since mid-April. This peak is part of a broader trend, with activity steadily increasing since early June. Bitcoin activity is on the rise! The number of active $BTC addresses crossed 900k yesterday, hitting levels not … Read more