Bitcoin Trades Above $117K as Whale Deposits Decline and Stablecoin Inflows Rise
Bitcoin continues to maintain upward momentum despite a recent pullback from its all-time high. Currently trading at $117,847, the asset has recorded nearly a 10% gain over the past week. The dip from peak levels, approximately a 4.1% decline, has not dampened broader investor sentiment, with several on-chain indicators suggesting renewed buying interest and reduced…
Bitcoin Next Key Level Is $136,000 If Momentum Holds, Glassnode Says
The on-chain analytics firm Glassnode has pointed out how $136,000 could be the next price level of importance for Bitcoin, if current momentum continues. This Bitcoin Short-Term Holder Cost Basis Level Is Situated At $136,000 In a new Short-Term Holder (STH) Cost Basis, which measures the average acquisition price of the investors who purchased their…
Bitcoin Price Still Not Overheated Says Top Metrics, Is $150k Close?
The Bitcoin price has been cooling off on low timeframes, while the altcoin markets take advantage to trend higher. The top cryptocurrency has been struggling as major holders take profit at BTC’s current level. At the time of writing, the Bitcoin price trades around $118,800 with a 2% gain over the last 24 hours and…
Bitcoin Recovers to $119K But Key Indicators Show Mixed Signals
Bitcoin has begun to recover after a brief decline triggered by the latest US Consumer Price Index (CPI) data. On July 15, the asset dropped to a low of $116,000 in response to news that inflation rose to 2.7% in June, amid continued concerns over tariffs from the Trump administration. As of this writing, Bitcoin…
Bitcoin Set To Soar? Analyst Sees Fresh $2 Billion Liquidity Triggering Next Leg Up
Bitcoin (BTC) is currently stabilizing within the $116,000 to $120,000 range. However, fresh liquidity totalling $2 billion in stablecoins could help propel the flagship cryptocurrency to new all-time highs (ATHs). Bitcoin To Benefit From Fresh Liquidity According to a CryptoQuant Quicktake post by contributor Amr Taha, more than $2 billion worth of stablecoins – primarily…
Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?
Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new Social Dominance,” which tells us about the share of social media discussions related to the top 100 cryptocurrencies that…
Bitcoin OG Whale Moves 40,000 BTC To Galaxy, Triggering Market Shock
A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC—worth roughly $4.68 billion at prevailing prices—to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, “the Bitcoin OG with 80,009 BTC ($9.46 B) has transferred 40,009 BTC ($4.68 B) to Galaxy Digital,”…
Bitcoin Hits $123K, But Market Euphoria Has Yet to Kick In, Says Analyst
Bitcoin has reached new milestones this week, briefly breaking above the $123,000 mark earlier today before retracing slightly to $121,812 at the time of writing. This follows a week of strong gains, with BTC rising by more than 10% amid a broader uptrend in the cryptocurrency market. Despite the minor pullback, market analysts are closely…
Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak
Bitcoin has set a new all-time high (ATH) around $123,000, but cryptocurrency market inflows are still far from the peak observed back in 2024. Crypto Capital Inflows Are Currently Sitting At $51 Billion As pointed out by analyst Ali Martinez in a new post on X, there is a stark difference in capital participation between…
Bitcoin Exchange Inflows Spike After $123,000 Peak – Signs Of Short-Term Cooling?
Bitcoin (BTC) surged to a new all-time high (ATH) of $123,218 earlier today, pushing its market cap beyond $2.4 trillion. However, exchange data shows a sharp increase in BTC inflows following this milestone, raising concerns of a potential short-term correction. Bitcoin Exchange Inflows Warn Of Pullback According to a CryptoQuant Quicktake post by contributor Tarekonchain,…