Outflows from all nine Bitcoin ETFs on Tuesday amounted to $326 million, highlighting a notable shift in market sentiment, especially among institutional investors anticipating the FOMC decision. Bitcoin’s decline is…
Browsing: Bitcoin Price Correction
Investors are awaiting the outcome of the FOMC meeting later this week with chances of rate cuts seeming null amid hot US CPI data. Bitcoin’s recent price volatility and trading…
Recent data indicates a significant liquidity injection into the crypto market, totaling $48.5 billion, marking the largest capital inflow in nearly 2.5 years. Investors are optimistic about BTC surpassing its…
Bitcoin’s attempt to breach the critical $53,000 mark faced strong resistance, indicating a phase of consolidation before any significant breakthrough. Glassnode data reveals a diminishing supply of Bitcoin held at…
PlanB compares Bitcoin to making an audacious prediction regarding Bitcoin’s future value, estimating it to reach as high as $600,000 by 2025. Bitcoin futures on Centralized Exchanges (CEX) have surged…
Analyst Chris J Terry attributes the trend to the ongoing liquidation of Grayscale Bitcoin Trust (GBTC), anticipating around $25 billion in selling activity. BitMEX CEO Arthur Hayes adopts a cautious…
Technical analysts, including the “Titan of Crypto” and Ali Martinez, observe recurring patterns suggesting Bitcoin tends to trade at around 50% of previous all-time highs during halving events. Historical data…
Vanguard stands firm in distancing itself from the cryptocurrency space, refusing to offer both spot and futures Bitcoin ETFs on its platform. Vanguard’s stand aligns with its commitment to delivering…
Despite initial optimism following the approval of Bitcoin ETFs, the crypto experienced an unexpected decline, dropping over 7% from $49,000 to an intraday low of $45,644. In contrast to the…
Bitcoin faced a significant leverage reduction, marking its most substantial daily drawdown since mid-August. Whales transferring significant amounts of Bitcoin to exchanges, with Binance and Coinbase receiving substantial inflows, raise…
Despite recent Bitcoin price correction, technical indicators and on-chain data indicate BTC’s resilience as bulls strive to reclaim levels above $44,000. However, support at $40,000 remains crucial, and on-chain data…
Market optimism, driven by expectations around the FOMC minutes and speculations of a Bitcoin Spot ETF, contributes to the prevailing positive market momentum. Analysts explore the potential impact of a…
Bitcoin (BTC) has been consolidating below $37,000, experiencing a dip but maintaining support above $36,000. Despite the recent consolidation, some analysts predict a continued price rally for Bitcoin, anticipating a…
Bitcoin illiquid supply has surged sharply suggesting heavy accumulation in this price correction. Goldman Sachs believes Bitcoin will continue to rise to $100K levels further eating into the market share…
The brutal correction in the cryptocurrency space last week has seen net outflows from Bitcoin and Ethereum for the first time in 17-weeks. Some altcoins like Polkadot and Solana witnessed…
The positive Fed commentary has helped the crypto market to bounce back, but it remains to be seen if this is a sustained move. Here are the five possible reasons…
The Wharton Professor said that an 80 percent meltdown in the crypto space is still very much possible in 2022. He also asked investors to stay wary of the mad…
The analyst believes that Bitcoin will leave behind the fear of Omicron spread as investors begin to focus on larger issues of inflation. Thus, large investors will continue to pour…