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Market Update – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 10 Jan 2025 16:43:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Market Update – DIGIT INFO https://www.digit.info 32 32 Did Bitcoin bottom at $92K? These 3 BTC charts say the worst is over https://www.digit.info/did-bitcoin-bottom-at-92k-these-3-btc-charts-say-the-worst-is-over/ Fri, 10 Jan 2025 16:43:30 +0000 https://www.digit.info/did-bitcoin-bottom-at-92k-these-3-btc-charts-say-the-worst-is-over/

Bitcoin price is chasing $95,000 after showing modest gains today as several onchain BTC metrics are hinting at signs of a potential bottom.

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Chainlink ‘god candle’ appears as LINK price soars 27% in 24 hours https://www.digit.info/chainlink-god-candle-appears-as-link-price-soars-27-in-24-hours/ Tue, 03 Dec 2024 14:34:32 +0000 https://www.digit.info/chainlink-god-candle-appears-as-link-price-soars-27-in-24-hours/

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

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Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived https://www.digit.info/triple-digit-gains-propel-goat-and-ape-to-the-top-this-week-but-not-all-coins-thrived/ Mon, 21 Oct 2024 14:50:23 +0000 https://www.digit.info/triple-digit-gains-propel-goat-and-ape-to-the-top-this-week-but-not-all-coins-thrived/ Read more]]> Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins ThrivedWhile bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT and APE which rose 191% to 102% respectively. While Bitcoin Remained Steady, […]

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Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5K https://www.digit.info/bitcoin-technical-analysis-btc-faces-critical-resistance-above-69-5k/ Mon, 21 Oct 2024 12:46:18 +0000 https://www.digit.info/bitcoin-technical-analysis-btc-faces-critical-resistance-above-69-5k/ Read more]]> Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5KOn Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from multiple time frames present a mixed picture, highlighting crucial entry and exit points for traders. Bitcoin In […]

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Did the crypto market bottom this week? — Here’s what the data shows https://www.digit.info/did-the-crypto-market-bottom-this-week-heres-what-the-data-shows/ Fri, 13 Sep 2024 20:26:11 +0000 https://www.digit.info/did-the-crypto-market-bottom-this-week-heres-what-the-data-shows/

Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed?

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Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out  https://www.digit.info/bitcoin-skyrockets-past-61k-over-23m-in-shorts-wiped-out/ Tue, 13 Aug 2024 19:20:19 +0000 https://www.digit.info/bitcoin-skyrockets-past-61k-over-23m-in-shorts-wiped-out/ Read more]]> Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief dip below $60,000, bitcoin is back above that threshold, showing a modest […]

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‘Whales are preparing for the next altcoin rally’ — CryptoQuant founder https://www.digit.info/whales-are-preparing-for-the-next-altcoin-rally-cryptoquant-founder/ Wed, 31 Jul 2024 20:20:45 +0000 https://www.digit.info/whales-are-preparing-for-the-next-altcoin-rally-cryptoquant-founder/

According to pseudonymous crypto trader Mags, the altcoin market broke out after 525 days of accumulation and will likely resume an uptrend.

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Key altcoin season metric in accumulation mode as Bitcoin dominance peaks https://www.digit.info/key-altcoin-season-metric-in-accumulation-mode-as-bitcoin-dominance-peaks/ Fri, 26 Jul 2024 21:10:04 +0000 https://www.digit.info/key-altcoin-season-metric-in-accumulation-mode-as-bitcoin-dominance-peaks/

Altcoins are in accumulation territory after experiencing a drawdown over the last 3 months.

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Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds https://www.digit.info/bitcoin-technical-analysis-btc-pushes-through-resistance-bullish-momentum-builds/ Mon, 15 Jul 2024 12:14:56 +0000 https://www.digit.info/bitcoin-technical-analysis-btc-pushes-through-resistance-bullish-momentum-builds/ Read more]]> Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum BuildsBitcoin is currently priced at $62,612, with a 24-hour intraday price range of $59,302 to $63,259. The market capitalization stands at $1.23 trillion, and the 24-hour trade volume is $28.37 billion. Bitcoin The BTC/USD 1-hour chart indicates a recent uptrend starting from $59,302, peaking at $63,259. A consolidation phase followed this peak, with minor pullbacks […]

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Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance https://www.digit.info/bitcoin-technical-analysis-bulls-held-back-by-selling-pressure-and-key-resistance/ Fri, 12 Jul 2024 12:15:34 +0000 https://www.digit.info/bitcoin-technical-analysis-bulls-held-back-by-selling-pressure-and-key-resistance/ Read more]]> Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key ResistanceBitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516, forming lower highs and lower lows, indicative of a bearish […]

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