Bitcoin

Bitcoin ETF share price dropped to a four-month low last Friday offering long-term investors an opportunity to accumulate shares at a discount. Bitcoin spot ETFs experienced a substantial net inflow of $295 million on July 8, the highest in 21 days. The massive sell-off in the Bitcoin price could allow long-term investors to accumulate the spot Bitcoin ETF shares at a massive discount. Amid the massive BTC liquidations taking place due to the current sell-off by the German government as…

The post Economist Hints at Further Losses for PEPE and Bitcoin (BTC), but There Is One Possible Salvation appeared first on Coinpedia Fintech News Bitcoin (BTC) is facing one of the worst weeks in the past year as one dip led to the next, causing a massive decline in the past week. Pepe, a typical meme coin, has followed Bitcoin’s bearish lead, as the PEPE token also hit 11% losses midweek. If expert predictions by Renowned economist and financial commentator…

The post Here’s Key Reason Why Bitcoin Will Begin It’s Bull Run appeared first on Coinpedia Fintech News Bitcoin’s price dropped sharply, hitting a low not seen in four months at around $53,500, marking a decline of over 9.3%. Despite Germany’s significant Bitcoin sales and fears surrounding Mt. Gox’s liquidation, macroeconomic factors and ongoing risk appetite in traditional markets hint at a robust recovery.  However, the broader outlook for Bitcoin suggests that once these specific supply pressures are resolved, the…

The post Bitcoin Bull Signal Hints at MASSIVE Price Surge: Are You Ready? appeared first on Coinpedia Fintech News Recent on-chain data from CryptoQuant reveals a unique opportunity in the Bitcoin market that appears only once within a bull cycle. Miners’ profitability is showing patterns similar to those preceding significant price surges in past bull markets. Could this indicate the end of the current correction period and the start of a new bull rally? Miners’ Profitability: A Key Indicator CryptoQuant’s…

The on-chain analytics platform Santiment has provided useful insights for investors considering buying the Bitcoin dip. The platform suggested that the worst might not be over as the flagship crypto could still experience further dips from its current price range.  To Buy Or Not To Buy The Bitcoin Dip? In an X (formerly Twitter) post, Santiment mentioned to those considering buying the dip that market participants also anticipate a rebound. They added that these dramatic dips, like the one Bitcoin…

The price of Bitcoin has crashed again as the German government continues its BTC selling spree. The government has already sold millions of dollars worth of Bitcoin, putting immense pressure on the pioneer cryptocurrency amidst broader market volatility.  German Government Initiates Massive BTC Sell-Off Bitcoin’s consistent price decline has been driven by multiple factors including outflows from Spot Bitcoin ETFs, unfavorable market conditions and Mt Gox’s BTC redistribution plans. Lately, the cryptocurrency’s price has been further pressured by the substantial…

The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to Jacob Canfield, a trading mentor at the Trading Mastery. Canfield’s latest analysis points to a potential further decline in the Bitcoin price, potentially reaching lows not seen since the beginning of the year. Why Bitcoin Price Could Crash Another 33% Canfield’s…

Once again, it's the spot ETFs coming to Bitcoin's rescue. The spot Bitcoin ETFs are again acting as a risk proxy, with two straight days of significant inflows. Yesterday on July 8th, the ETFs saw a cumulative inflow of nearly $300 million, with BlackRock and Fidelity the biggest gainers per usual.  However, in a surprising development, even Grayscale’s GBTC saw $25 million in inflows.  Good morning,Yesterday's ETF flows were positive for $294.8 million.Blackrock did $187.2 million, Fidelity $61.5 million. Even…

Bitcoin, the largest cryptocurrency by market capitalization, has experienced a significant price dip recently, sparking discussion about a potential deeper market crash. As a result, many crypto investors have begun to seek cryptocurrencies that will serve as an alternative investment to Bitcoin. In this guide, we have listed 5 different cryptocurrencies that are the best Bitcoin alternatives right now. We also review each of the listed cryptocurrencies to help make the best possible choice.  Best Bitcoin Alternatives in 2024 -…