Bitcoin (BTC) is up 7% over the last two weeks, showing signs of strength despite expectations that the US Federal Reserve (Fed) will keep interest rates unchanged at its upcoming July 30 meeting. However, some indicators suggest that the market may be entering overheating territory. Bitcoin Market Entering Overheating Territory? According to a recent CryptoQuant
Bitcoin (BTC) continued to trade between $100,000 and $110,500 for a second consecutive week as smaller investors replaced whales on the buy side, Bitfinex Alpha reported on July 7. The report noted that BTC spent most of July so far within a 10% channel, capped by the January high of $109,590 and floored near the
Cryptocurrency analysis company QCP Capital published an important analysis of Bitcoin’s performance and the general mood in the market last weekend in its latest evaluation report. Bitcoin held its price over the long holiday weekend before reaching a new all-time weekly close, reaching as high as $109,700 during low-volume trading on Sunday, according to the
Will Bitcoin stay above $100,000 throughout the month of July? Bitcoin holders are placing their bets on the world’s largest cryptocurrency maintaining its six-figure status, with prediction markets revealing a surge of optimism despite concerning technical signals. Currently trading just below $108,000, Bitcoin sits roughly 8% above the psychologically crucial $100,000 level—but will this cushion
Publicly traded firms Semler Scientific and Metaplanet both bought more Bitcoin on Monday, adding to their already large holdings even as Bitcoin treasury trend-setter Strategy paused its purchases. Semler, a firm that develops products for treatment and detection of chronic disease, bought 187 Bitcoin for $20 million. Japanese investment firm Metaplanet snagged 2,205 BTC for
Bitcoin (BTC) bulls may have found an ally in President Donald Trump’s move to delay controversial trade tariffs. To this end, cryptocurrency analyst Ted Pillows has noted that Bitcoin’s recent price action is tracking a Wyckoff accumulation pattern, and Trump’s tariff delay could catalyze BTC to surge toward $120,000 in the coming weeks. In a
As a new wave of public companies rush to load up on Bitcoin, one of the industry’s most closely followed ETF analysts is urging caution — not because of the cryptocurrency itself, but because of the direction in which this trend is taking businesses. Nate Geraci, president of The ETF Store and a prominent commentator