$31B in Stablecoins Piled Into Binance: Is Bitcoin’s Next Leg Up Loading?
Bitcoin is beginning to show signs of a strong recovery after recent consolidation. The asset has moved past the $87,000 level, gaining approximately 5.2% over the past week and 3.4% in the last 24 hours. This uptick in performance marks a notable contrast to the steady downtrend observed in recent weeks, offering traders renewed momentum…
Tariff Easing Fuels Altcoin Rally: Solana, DOGE, And ADA Shine While Bitcoin Stalls
Bitcoin (BTC) has experienced a notable surge, gaining 3% in the last 24 hours, climbing from $84,000 to $88,600, following reports that upcoming US tariffs on major trading partners will be less severe than initially anticipated. However, altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have outperformed Bitcoin’s surge in the 24-hour time frame,…
Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details
Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment. The lack of momentum in…
Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch
As Bitcoin (BTC) stabilizes above the critical $80,000 support level after a significant downturn of over 25% from its January peak, market analyst Doctor Profit has released a compelling report that raises a pivotal question: is the market witnessing the onset of a bear market, or is the bullish sentiment still intact? M2 Money Supply…
This Bitcoin Correction Is Different From March 2024—Here’s Why
An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far…
Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains
In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following a slight uptick after the US Federal Reserve’s (Fed) announcement to slow the pace of its…
Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says
According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that while BTC may have bottomed, stock markets could face more pain ahead. BTC Bottomed At $77,000? Hayes Thinks So Former BitMEX CEO Arthur Hayes recently took…
Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals
Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are…
Bitcoin’s Road To $1 Million: Expect A ‘Dip Then Rip,’ Bitwise CIO Says
The road ahead for Bitcoin looks promising. At least, this is the prediction of Bitwise Chief Investment Officer Matt Hougan. According to the CIO, Bitcoin still has a big chance to hit $1 million by 2029 — despite its recent lackluster performance. In a March 18 investor note, Hougan explained how Bitcoin responds to economic…
Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?
On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as…