Bitcoin

Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior. According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month. Analyst: Whales protectin positions “forming a local bottom” As BTC/USD hit its lowest levels since the end of June, whales were responding kind. In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn flagged a marked uptick in… Source link

Text size Bitcoin prices have crashed, but the case for portfolio diversification with crypto hasn’t. Dreamstime … Source link

New Delhi: Crypto tokens rebounded on Thursday ahead of the much-awaited Ethereum merge launch. The top crypto token, Bitcoin, raced past the $19,000 mark once again while other altcoins outperformed the token. Barring the US dollar Tether, all other tokens were trading with solid gains on Thursday. Avalanche rallied over 9 per cent, whereas Ethereum surged 8 per cent. BNB advanced 7 per cent, whereas Solana gained 6 per cent. The global cryptocurrency market cap was trading at the $975.93… Source link

Text size Crypto prices took their latest dramatic leg downward late Tuesday. Dusan Zidar/Dreamstime … Source link

Bitcoin continues to trade in a tight range of $18,000 to $24,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images Bitcoin traded below $19,000 on Wednesday morning, hitting its lowest level since June following a drop in stock markets globally and the continued strength of the U.S. dollar. The value of the entire cryptocurrency market also fell below… Source link

A year ago, El Salvador began accepting Bitcoin as legal tender following a controversial and much criticized decision by President Nayib Bukele. All seemed rosy for the first few months as citizens enthusiastically embraced the new opportunity, but Bitcoin’s value has plummeted since and some experts say the move has been a failure. Maria Aguirre, 52, a shopkeeper in the El Zonte seaside resort that has been a major center for Bitcoin use, says things were going well last year as Bitcoin’s… Source link

Bitcoin broke the key $19,500 support against the US Dollar. BTC is showing bearish signs and remains at a risk of a move towards the $18,000 level. Bitcoin failed to start a fresh increase and declined below the $19,500 support. The price is now trading below the $19,000 level and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $19,420 on the hourly chart of the BTC/USD pair (data feed from… Source link

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from the rally to $25,000 on Aug. 15. Bitcoin/USD 30-min price. Source: TradingView It is worth highlighting that a 2% pump toward $20,200 happened in the early hours of Sept. 6,… Source link

Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance futures giant sucks in spent BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying under $20,000 for a fourth straight day with bulls failing to crack resistance. As many wondered when and how the latest consolidation phase would end, two popular social media traders noticed an ongoing accumulation… Source link

Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether. Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The… Source link