3 Bitcoin price metrics suggest today’s 10% pump marked the final cycle bottom
Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market. Go to Source Powered by WPeMatico
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery. Go to Source Powered by WPeMatico
Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States. Go to Source Powered by WPeMatico
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment. Go to Source Powered by WPeMatico
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows. Go to Source Powered by WPeMatico
3 strategies investors might use to trade the upcoming Ethereum Merge
Investors have been crafting their strategies for navigating the volatility which could arise as the Ethereum Merge takes place. Here’s a few to consider. Go to Source Powered by WPeMatico
Traders flinch after Ethereum price rejects at $2,000
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance. Go to Source Powered by WPeMatico
FTX partners with Paradigm for ‘one-click’ futures spread trading
The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies. Go to Source Powered by WPeMatico
$29K Bitcoin is closer than you might expect, according to derivatives data
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies. Go to Source Powered by WPeMatico
Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Go to Source Powered by WPeMatico