Tag: Bitcoin Market
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Bitcoin Price Slumps to Multiweek Lows as Liquidations Surge Past $530M
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Bitcoin endured heavy losses on Friday, slipping to its lowest level since early July and triggering more than half a billion dollars in crypto liquidations. Despite hopes pinned on a bullish relative strength index (RSI) divergence, the market failed to hold key support levels, leaving traders on edge as the price risks deeper downside moves.…
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Crypto Market Rises as Bitcoin Holds Strong and CRO Leads Rally
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The crypto market has extended its positive momentum, with total market capitalisation climbing nearly 2% in the past 24 hours. Bitcoin continues to provide stability, while Cronos (CRO) once again takes the spotlight as the strongest performer. Market sentiment remains bullish, though caution persists around profit-taking and potential corrections. Total Market Cap Holds Above $3.85…
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$1 Billion Bitcoin Accumulated in 24 Hours Despite Profit Slump
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Bitcoin’s market is facing a test of resilience as profits fall to a two-month low, yet investors continue to buy in large volumes. On-chain data reveals that nearly $1 billion worth of Bitcoin was accumulated in just 24 hours, suggesting strong confidence in the long-term outlook despite ongoing volatility. Profits Slide to a Two-Month Low…
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Whale Signals Suggest a Fresh Breakout for Bitcoin
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Bitcoin has been trailing behind Ethereum and other major altcoins in recent weeks, but a new set of technical and on-chain indicators is hinting that the leading cryptocurrency may be preparing for its next major move. Despite being around 7% below its all-time high, data suggests that a bullish breakout is forming, driven by easing…
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Bitcoin Faces Mounting Sell Pressure as Bulls Seek to Defend Key $105K Support
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Bitcoin markets entered turbulent territory this week as the world’s leading cryptocurrency faced steep selling pressure, triggering widespread liquidations and driving the price to its lowest levels in nearly two weeks. With institutional demand showing signs of divergence and retail traders under strain, Bitcoin’s path forward is increasingly uncertain. Bitcoin slips below $114K as US…
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Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off
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Bitcoin’s remarkable surge to fresh record highs ended abruptly on Thursday, sending ripples through the crypto market. The world’s largest digital asset had surged past $124,000 for the first time earlier this week, igniting optimism among traders. However, the bullish momentum was halted following the release of unexpectedly high US wholesale inflation figures, which dented…
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Bitcoin Dips to Fill CME Gap as Traders Watch $104K Level
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Bitcoin dropped sharply on Friday, reaching a three-week low of $114,322 on Bitstamp. This move perfectly “filled” a CME Group Bitcoin futures gap from July, a common price phenomenon in crypto markets. Gaps like these often occur over weekends when CME markets are closed but crypto trades 24/7. Historically, Bitcoin tends to revisit these unfilled…
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Bitcoin Breaks $118K, Shorts Wiped Out in $1B Liquidation
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Bitcoin has skyrocketed past the $118,000 mark, marking a major milestone in its ongoing bull run. The massive surge triggered the largest wave of short liquidations this year, with more than $1.13 billion in positions wiped out in just 24 hours. The vast majority of these over $1.01 billion were from traders who had bet…
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Bitcoin Surges as Trump Pressures Fed
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Bitcoin is back in the spotlight as U.S.-listed spot Bitcoin exchange-traded funds (ETFs) have attracted a staggering $15 billion in just three months. According to analysts, this fresh wave of investment is being driven not only by market interest but also by growing political pressure on the U.S. Federal Reserve to cut interest rates. Former…
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Crypto Funds Surge with $1.9B Inflows as Bitcoin and Ether Rebound
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Cryptocurrency exchange-traded products (ETPs) recorded a substantial $1.9 billion in inflows last week, pushing year-to-date (YTD) totals to a record $13.2 billion, according to a report by CoinShares. The data highlights growing investor confidence amid recent market volatility, driven largely by a rebound in Bitcoin and strengthening momentum in Ether. This marks the ninth consecutive…