Bookmarking Crypto Insights
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In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the U.S. dollar and the leading crypto asset’s market capitalization has dropped … Read more
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels. Go to Source Powered by WPeMatico
BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000. Go to Source Powered by WPeMatico
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost … Read more
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside. Go to Source Powered by WPeMatico
BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5 Go to Source Powered by WPeMatico
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins. Go to Source Powered by WPeMatico
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains. Go to Source Powered by WPeMatico
The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support. Go to Source Powered by WPeMatico
Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain. Go to Source Powered by WPeMatico