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Bitcoin price loses traction as miner profits drop and spot BTC outflows persist

September 3, 2024 by DIGIT

Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows. Go to Source

Categories ETF, Fed, FOMC, Markets, Miners, Mining Hashrate, Morgan, Nvidia, rates, S&P, Stocks

Bitcoin price keeps falling under $60K — Here is why

August 30, 2024 by DIGIT

Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that.  Go to Source

Categories bonds, Confidence, Dollar, Fed, gbp, Markets, PCE, rates, S&P, Stocks

‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’

August 28, 2024 by DIGIT

The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish. Go to Source

Categories China, crash, futures, Goldman, Japan, Markets, premium, S&P, Stocks, Tether, USDT

Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions

August 26, 2024 by DIGIT

Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why. Go to Source

Categories correlation, Deribit, futures, Markets, premium, S&P, Stocks

Bitcoin is holding $60K — Here’s why it’s important

August 22, 2024 by DIGIT

Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000. Go to Source

Categories correlation, Democrats, dems, Fed, gold, Markets, Regulation, Regulatory, S&P

Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

August 21, 2024 by DIGIT

Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting. Go to Source

Categories Basis, Call, debt, Deribit, DXY, economic, fiscal, hedge, Markets, Put, S&P

Data points to Ethereum price making a short-term rally to the $3.2K level

August 6, 2024 by DIGIT

ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning. Go to Source

Categories crash, Liquidation, Markets, metrics, Onchain, S&P, TVL

Bitcoin and altcoins fail to rally even as U.S. inflation cools down

June 28, 2024 by DIGIT

For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why. Go to Source

Categories DXY, gold, hedge, Markets, PCE, S&P, soft landing

Why are top Bitcoin traders bullish despite BTC price dip to $64.3K?

June 18, 2024 by DIGIT

Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support. Go to Source

Categories Bitcoin, BTC Price, Call, Deribit, Dip, Fed, Markets, Miners, outflows, Perpetual, Put, rates, Recession, S&P

3 reasons why $65K marks the bottom for Bitcoin

June 14, 2024 by DIGIT

Bitcoin’s resilience amid price drops indicates strengthening support at the $65,000 level. Go to Source

Categories Basis, CPI, Democrats, Fed, Markets, QT, Regulation, S&P, yield
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,271.00-3.09%
  • ethereumEthereum(ETH)$3,021.38-3.53%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.87%
  • binancecoinBNB(BNB)$883.49-1.82%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.09-4.20%
  • tronTRON(TRX)$0.285466-0.10%
  • staked-etherLido Staked Ether(STETH)$3,020.92-3.56%
  • dogecoinDogecoin(DOGE)$0.139512-5.41%
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  • bitcoinBitcoin(BTC)$89,271.00-3.09%
  • ethereumEthereum(ETH)$3,021.38-3.53%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.87%
  • binancecoinBNB(BNB)$883.49-1.82%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.09-4.20%
  • tronTRON(TRX)$0.285466-0.10%
  • staked-etherLido Staked Ether(STETH)$3,020.92-3.56%
  • dogecoinDogecoin(DOGE)$0.139512-5.41%