Bitcoin’s latest rally has defied past cycle patterns, and one key indicator may explain why investors aren’t selling, even near all-time highs. Summary Bitcoin is holding above $117K despite a recent pullback after all-time high. CryptoQuant’s Flow Pulse shows low selling pressure, unlike 2017 and 2021. Short-term caution remains, but the long-term trend is still
Bitcoin is currently hovering around $119,060 after consolidating below the $120,000 resistance mark. The broader structure remains bullish, with the Bitcoin price today still trading well above its long-term EMAs. However, momentum has cooled, and multiple indicators suggest a make-or-break moment as BTC coils inside a tightening pattern. What’s Happening With Bitcoin’s Price? BTC price
Bitcoin has experienced significant sideways movement recently, as the crypto king struggles to break through key resistance levels. Despite this, Bitcoin is being actively traded, with short-term and new buyers flocking to the market. However, this influx of new capital could pose both opportunities and risks. Bitcoin Investors Have Been Busy Recent data from the
Cryptocurrency investor and Asymmetric Financial founder Joe McCann announced that he has decided to close the Asymmetric Liquid Alpha Fund due to intense investor backlash following the company’s 78% year-to-date loss. This development comes just after McCann recently announced plans to establish a $1 billion treasury fund for the Solana ecosystem. The fund has already
Cryptocurrency analysis firm Alphractal and its founder João Wedson have shared a striking assessment of Bitcoin’s long-term price movements. According to the company, despite its recent upward momentum, Bitcoin has not yet broken through a critical resistance level on the Long-Term Power Law chart. The following statements were included in the Alphactal statement: Bitcoin is
Treasury Secretary Bessent indicated that one or two interest rate cuts are possible this year. He also said he has breakfast with Fed Chair Jerome Powell almost every week. Meanwhile, it’s worth noting that President Donald Trump pressured Powell to cut interest rates last month, citing rising federal debt costs. However, according to an analysis
New statistical evidence has emerged, suggesting that bitcoin’s (BTC) market dynamics are now intricately linked to the ebb and flow on Wall Street. Recently, the 90-day correlation coefficient between bitcoin’s 30-day implied volatility indices – Volmex’s BVIV and Deribit’s DVOL – and the S&P 500 VIX hit a record high of 0.88, according to data
Imagine a world where your electric vehicle’s charging station isn’t just a place to power up, but a gateway to a new digital economy. This isn’t science fiction; it’s the exciting frontier explored by IoTeX and U Power. Their groundbreaking partnership is set to revolutionize how we interact with EV infrastructure, paving the way for
The recent price records for BTC coincided with a wave of old whales moving their coins. Some suggested this may be a drive to take profits, but there may be another reason, as more old whales are dusted with transactions containing warning messages. There may be one common reason as to why old whales are
MultiBank Group’s digital asset division partnered with Fireblocks to bring $10 billion in real estate on chain. Summary MultiBank.io launched a real estate tokenization platform Fireblocks will provide custody, Mavryk blockchain infrastructure Platform aims to tokenize $10B in real estate assets. Companies are increasingly competing to dominate real-world assets. On Wednesday, July 23, MultiBank.io, the