Bitcoin’s price has stalled since its March zenith, largely due to stringent U.S. monetary policies, per insights from CryptoQuant analysts. These analysts note that the Federal Reserve’s interest rate hikes, initiated in early 2022, have contracted the stablecoin supply. “The crux of Bitcoin’s stagnant rally lies in the tightened U.S. monetary policy since March 2022,”
Major cryptocurrency investor faces $3.5 million loss on PEPE tokens
The cryptocurrency market experienced reduced volatility over the weekend, with Bitcoin price stabilizing above $55,000. The easing of early week supply pressure has allowed altcoins to find strong support and establish a local bottom. However, recent transfers of 700 BTC by the German government, coupled with Bitcoin’s struggle to break crucial resistance, have raised concerns The post Bitcoin Price Fails Break 200D EMA, Is $52k Next? appeared first on CoinGape .
The recent Bitcoin (BTC) price movement has captured significant attention from investors and traders alike. Veteran trader Peter Brandt has … Continue reading The post Veteran trader sees Bitcoin ‘footshot’ as the next big buying opportunity appeared first on Finbold .
The amount of stablecoins circulating can be a key indicator of crypto market conditions and may help predict the next bull run, according to analysts.
Bitcoin, often referred to as digital gold, continues to garner significant attention due to its limited supply and decentralized nature. The distribution of Bitcoin amongst holders has always been an intriguing facet for both investors and analysts. As of July 7, 2024, data from Bitcoin Magazine sheds light on the current state of Bitcoin distribution,
The Bitcoin market has faced significant selloffs since June, primarily driven by miners, with recent contributions from the German government. These large-scale government transactions have exerted considerable selling pressure, impacting Bitcoin’s price trajectory. However, Ki Young Ju of CryptoQuant argues that government-related selloffs are overrated, citing aggregate Bitcoin inflow data. An in-depth analysis of recent
Recent developments have painted a bearish picture for Shiba Inu (SHIB) in the cryptocurrency market. Analysts suggest that SHIB might continue its downward trajectory, influenced by various technical and on-chain metrics. Despite a brief price bounce, current resistance levels could pose serious challenges for SHIB’s price recovery. Read our in-depth analysis on Shiba Inu’s (SHIB)
Data from CryptoSlam showed that global NFT market sales increased by over 5% in the past 7 days despite being down in the 2024 Q2. The rise in NFT sales indicated a great start to Q3 NFT markets, with NFT buyers increasing by 20%, NFT sellers by 13%, and NFT transactions by 48% in the past week.
Bitcoin (BTC) has been trending downwards throughout the past 30 days. After reaching $71,000 for the third time in 2024, the premier cryptocurrency has lost 20.4% in the past month, falling to just over $56,000. However, three Ethereum altcoins have shown resilience despite BTC’s nosedive. These three Ethereum tokens are RCO Finance (RCOF), Toncoin (TON), The post The 3 Ethereum Altcoins Surprisingly Beating the Bitcoin (BTC) Bearish Trend with New Gains appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .