Bitcoin’s latest market pullback has pushed its MVRV ratio back into a critical zone that has historically been associated with macro correction lows and early-stage recovery setups. The MVRV metric now reflects a valuation reset similar to the conditions that preceded major rebound phases in prior cycles. Why The Reset Reinforces Bitcoin Value Proposition The
New on-chain data from CryptoQuant shows that there’s an increase in the supply of Bitcoin for sale on the market; however, demand from buyers is shrinking, a potentially bearish sign for the world’s largest cryptocurrency. Julio Moreno, head of research at CryptoQuant, said in a post on X that long-term holders (LTHs), investors who hold
Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of
Bitcoin price reached $103,500 today after a week of tumultuous trading. Bitcoin started the day down close to $100,000 but rebounded throughout market trading to highs of $103,859 today. Earlier this week, Bitcoin plunged below $100,000 for the first time since June on November 4. The slump came amid macro pressures, political headlines, and fading
Bitcoin (BTC) is demonstrating signs of healthy consolidation on Binance, with key liquidity metrics reaching multi-month highs. According to analysts, this activity means the market is building strength for its next major move, even though short-term price action is still volatile. Market Mechanics Signal Accumulation As noted in a report by Arab Chain, Binance’s recent
Jurrien Timmer, director of global macro at Boston-based investment giant Fidelity, has opined that Bitcoin might “pick up the slack” now that gold’s rally has faltered. “The price of gold continues to work off what in retrospect looks a lot like a blow-off that was not quite justified by the rise in liquidity,” Timmer noted,
Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a
The cryptocurrency has hovered around the $100K threshold for multiple days in a row, with no clear sign of an imminent rally. Bitcoin Stalls at $100K, Have We Reached a New Plateau? November is typically a good month for bitcoin. Data from Coinglass shows positive monthly returns for the cryptocurrency 66% of the time between
My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts Bitcoin Downfall Just 2 Years Away The Facts While speculations about the dangers of