Key facts: Bitcoin reached close to $52,000 in the last week. At the time of this writing, the digital currency is on a slight upswing. According to various data from cryptocurrency exchanges, the price of bitcoin (BTC) has reportedly reached the bottom of its downward correction. Bitcoin trading on exchanges “dried up” over the weekend, … Read more
Key facts: According to Polymarket, Trump is the favorite candidate. Bitcoin price remains in a “tense calm” around $55,000. One of the key factors that will shape the path for the price of bitcoin (BTC) and the rest of the cryptocurrency market in the coming days is centered on the presidential debate between Kamala Harris … Read more
BinaryX (BNX), the gaming-focused token of the eponymous platform, has entered the top 100 cryptocurrencies with the highest market capitalization. It is the digital asset of a gaming project play-to-earn (play to earn) that allows participants to earn rewards in that ecosystem. The BNX token has been showing good performance during September, managing to reach … Read more
The Fear and Greed Index (fear and greed indexin English) detects that the bitcoin (BTC) and digital assets market is currently in fear. This indicator, developed by the Alternative.me portal, evaluates several factors to try to decipher the predominant sentiment in the market. As explained on the aforementioned website, Bitcoin volatility, market momentum/volume, social media … Read more
Bitcoin has lost more than 10% of its value in less than a week. Some experts expect the fall to continue to USD 50,000; however, the decrease in UTXOs in profit could reflect that bullish days are approaching. According to data from CryptoQuantthe Bitcoin UTXOs that are recording profits are at their lowest point since … Read more
Key facts: A perfect storm is brewing for Bitcoin’s price to rise. On September 18, the Fed could announce cuts in dollar interest rates. “Don’t be a crybaby,” wrote trader and influencer David Battaglia on his X account. His exhortation was in relation to the price of bitcoin, which, as anyone who follows the market … Read more
As is often the case historically, September is not a good month for financial markets and for Bitcoin (BTC) due to seasonal issues. What happens is that in the northern hemisphere summer is ending and economic activities are paralyzed due to the holidays. In this context, many are wondering What will happen to the price … Read more
Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since … Read more
Key facts: So far in Q3 2024, BTC is down more than 13% Historically, September tends to be a negative month for the markets. The price of Bitcoin (BTC) has fallen by 13% so far in the third quarter of 2024, its worst performance in the last 5 years between the months of June and … Read more
Key facts: Several analysts have bullish expectations for bitcoin for the remainder of 2024. If history repeats itself, Bitcoin’s rebound would begin in the third quarter of the year. Bitcoin (BTC) has been providing good buying opportunities at low prices over the past week. In that period, the price of the digital currency has reached … Read more