While the cryptocurrency market is experiencing some exciting days with Bitcoin breaking a new all-time record and Ethereum approaching it, analysis firm Santiment has taken a closer look at the current state of the market. In a video they published, company analysts evaluated market sentiment and possible future movements using on-chain and social metrics. According
Bitcoin pulled back and formed a risky pattern this week as market participants pared back their Federal Reserve interest rate cut expectations. Summary Bitcoin price pulled back after the hot producer price index data. Polymarket odds of Federal Reserve cuts have fallen in the past few days. Technical analysis points to more downside before an
In 2140, the last of the world’s 21 million Bitcoins will have been mined. At that point, the bulk of miners’ income will have disappeared. Instead, the network’s security will completely rely on transaction fees. According to experts from OKX Singapore, JuCoin, and XBO, the timeline gives the community enough time to prepare for this
The Bitcoin price today is holding around $117,600, showing mild losses on the session after a volatile dip to $116,500. Price action continues to oscillate within an ascending channel structure that has guided BTC higher since March. Despite the broader bullish bias, rejection from the $122,500 zone earlier this week has left buyers struggling to
Canary Capital CEO Steven McClurg told CNBC Crypto World that a $140,000-$150,000 range is possible for Bitcoin (BTC) by the end of the year, but a full-scale bear market could occur in 2026. McClurg stated that one of the main reasons for the rise in Bitcoin’s price is strong institutional inflows into spot ETFs. He
Bitcoin’s derivatives market action showed strong engagement this weekend as futures open interest surged past $82 billion, while options activity reflected a slight bullish tilt. Bitcoin Derivatives Market Expands as Spot Price Consolidates During the morning trading sessions, bitcoin was trading at $117,860 in spot markets, with an intraday range between $116,956 and $118,493. Futures
Saturday has started with the correction of some coins, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has fallen by 0.4% since yesterday. On the hourly chart, the price of BTC is rising after a false breakout of the local support of $117,394. If the growth continues, one can expect a test of the
One key ingredient is missing for Bitcoin (BTC) to soar well past its all-time highs, according to crypto analytics platform Swissblock. The analytics platform says that the on-chain liquidity metric needs to increase to trigger a convincing Bitcoin breakout. On-chain liquidity refers to how easily and efficiently Bitcoin can be bought or sold without significantly
Bitcoin rose as high as $124,533 on Aug. 14 before taking a hit following July’s hotter-than-expected wholesale inflation data. The July consumer price index was broadly in line with market expectations, though the core reading that excludes food and energy edged higher to 3.1%, slightly over Wall Street estimates. However, the July producer price index,