Bitcoin may struggle to sustain its upward trend unless something triggers more excitement among investors, according to Glassnode. “Without a renewed catalyst to lift prices back above $117.1k, the market risks deeper contraction toward the lower boundary of this range,” Glassnode said in a report published on Wednesday. Bitcoin (BTC) is trading at around 5%
Bitcoin is lagging in October, but analysts say its stability signals strength. The “digital gold” is failing to rally alongside gold, which is hitting new highs. One analyst says a massive move, similar to late 2024, “will start very soon.” A strange and deceptive calm has settled over the Bitcoin market. While its analog cousin,
Bitcoin’s latest pullback has cleared the decks for a potential rebound, but conviction is scarce. “It was a structural flaw magnified by excessive leverage and thin liquidity,” Thiago Duarte, Market Analyst at Axi, told Decrypt. After a $19 billion leverage washout and cooling ETF demand last Friday, the market is now in a wait-and-see mode.
Bitcoin price is struggling to settle above $113,500 and $114,000. BTC is now consolidating and might start another decline below $110,000. Bitcoin started a fresh decline after it failed to clear the $114,000 resistance level. The price is trading below $113,000 and the 100 hourly Simple moving average. There is a bearish trend line forming
Key Highlights U.S. President Donald Trump has said that the country is in a trade war with China at present The cryptocurrency market has not reacted quickly to Trump’s new remark after witnessing a historic crash last week “There was a big crash, but it worked,” says MIT’s digital currency expert Today, U.S. President Donald
Bitcoin’s claim as a Wall Street hedge took a hard hit this week after the crypto market crashed in what traders called one of the most violent selloffs since 2022, according to Bloomberg. The OG crypto that investors once treated as “digital gold” slumped as over $19 billion in leveraged positions were wiped out within 24
Bitcoin continues to hover around the $112,500 level, with volatility persisting across the market following last week’s historic crash. According to on-chain data, short-term holders (STHs) remain under heavy pressure, showing clear signs of panic. The STH realized price, a metric that tracks the average cost basis of recent buyers, indicates that many traders are
Bitcoin price traded near $110,000 today as ETF flow streaks and the $107,000 support take focus. Spot ETF demand remains the pivot. BlackRock’s IBIT is approaching $100 billion in assets, roughly 799,000 BTC, as the largest U.S. fund complex continues to concentrate supply. U.S. spot products printed fresh net inflows of $102 million yesterday and
A customer just bought a coffee using bitcoin at Compass Coffee. This reportedly marked the first-ever Square terminal in the world to accept bitcoin. The pilot launch, showcased during DC Fintech Week, was made possible through Square’s new Bitcoin payment integration. According to a Compass Coffee X post, the system worked seamlessly across multiple Bitcoin
Bitcoin is holding steady in the $110,000s today, a little over a week after surging to a new all-time high above $126,000. Bitcoin price slipped from 24-hour highs near $113,600 to the low $110,000s today. This price action follows a rough weekend that saw over $19 billion in leveraged positions liquidated, forcing more than 1.6