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 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,…
Ethereum Chart Confirms Bull Flag Breakout: $3,834 Target Comes Into View
Ethereum has finally touched the $3,000 price level once again after spending weeks trading in a narrow range beneath $2,800. This recent breakout, although brief, marks the first time Ethereum reclaimed this level since early February. According to technical analyst Merlijn The Trader, Ethereum’s next destination after breaking past $3,000 is already in sight. Bull…
Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?
After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency appears to be taking a breather. As of the time of writing, Bitcoin is trading around $117,953, slightly below its recent peak. The move followed a string of consecutive daily gains as bullish momentum swept…
Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP
Ripple CEO Brad Garlinghouse previously projected that XRP could capture 14% of SWIFT’s volume, new estimates now point to even bolder targets. How Ripple Securing 20% Of SWIFT Could Impact XRP A XRP’s growing potential to take on SWIFT in cross-border transactions. Ripple’s ambitions in the global financial infrastructure are becoming more tangible, as new…
Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes
Bitcoin has surpassed its previous all-time high, reaching $118,254 and marking a notable milestone in its price trajectory. This latest milestone comes after BTC’s former high at $111,000 levels in May, representing a 10% gain over the past week and roughly 5.9% in the last 24 hours. At the time of writing, Bitcoin is trading…
No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential
As Bitcoin (BTC) continues to post new all-time highs (ATH), reaching as much as $118,869 on Binance, market indicators show little sign of overheating. The lack of retail-driven hype amid BTC’s record-breaking run suggests there may still be room for further growth in the flagship cryptocurrency. Bitcoin ATH Sees Absence Of Hype According to a…
Bitcoin Uptrend Intact, But Binance Activity Warns Of Short-Term Pullback
Bitcoin (BTC) reached a new all-time high (ATH) yesterday, climbing to $111,999 on Binance exchange before dipping slightly to around $110,000 at the time of writing. While the broader trend remains bullish, some analysts now anticipate a short-term pullback. Bitcoin Remains Bullish But Some Pullback Expected According to a recent CryptoQuant Quicktake post by contributor…
Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?
As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited…
Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces Critical Test John Glover, the chief investment officer at crypto lending platform Ledn and a former managing director at Barclays Investment Bank, noted that the recent rally…