Bitcoin

The post Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further appeared first on Coinpedia Fintech News The crypto market cap, led by Bitcoin (BTC), dropped nearly 3 percent in the past 24 hours to hover about $2.11 trillion on Monday, September 2, during the early Asian session. After closing last month below the crucial support range between $58k and $60k, Bitcoin price opened this week with a bearish outlook.  The flagship coin dropped 3 percent on…

The post Crypto Market Crash: Bitcoin Drops Below $58,000, Ethereum Retests $2.4K Mark! appeared first on Coinpedia Fintech News The cryptocurrency market has entered September on a bearish note by losing 1.86% within the past day, from $2.05 Trillion to $2.02 Trillion. Despite recording a 100% increase in its trading volume to $27.82 Billion, Bitcoin price has plunged below $58K with a correction of 1.81%. Moreover, it has recorded a 24-hour High/Low of $58,762.49 and $57,136.03 and is currently valued…

The post Bitcoin Next Big Surge Could Be Explosive-But Bulls Need to Push the Price Beyond These Levels appeared first on Coinpedia Fintech News September has begun offering fresh selling pressure over the markets as the Bitcoin price dropped below the consolidation around $60,000. The price is stuck within a descending parallel channel, and the current rejection from the range may circulate bearish waves across the markets. However, there is some scope for hitting a new ATH by initiating a…

The post Whale’s $58M Bitcoin Bet Sparks Speculation on Market Rebound! appeared first on Coinpedia Fintech News For good reasons, a Bitcoin whale known for dumping 467 million worth of BTC tokens in the July crunch is back in the markets. Recently, the whale purchased 1000 Bitcoins from Binance worth almost $58 million. With this purchase, the market witnessed the second such significant action within the last four days, accounting for 2000 Bitcoins at an average price of $58,525. In…

The post Bitcoin ETFs Shed $277M, Ethereum ETFs Show Mixed Signals! appeared first on Coinpedia Fintech News Starting the week on a slightly bearish note, the Bitcoin price dropped 2.81% on Sunday and is currently trading at $57,557. The Bitcoin ETF market puts a bearish gear down amid such market conditions.  Last week, between 26th and 30th August, the Bitcoin ETF slid down with a net outflow of $277 million in total. Most outflows came from ARK Invest and 21Shares’…

Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it fails to stay above…

Bitcoin, the crypto market leader and largest digital asset, currently trades at $58,877 following a rather negligent price movement in the last day. According to data from CoinMarketCap, the premier cryptocurrency saw more lows than highs in August, resulting in an 8.46% decline over the month. As September begins, a CryptoQuant analyst with the username Grizzly has provided valuable insight into Bitcoin’s current price status and potential price action in the coming weeks. Puell Multiple Index Puts Bitcoin In Decision…

The post Analysts Think A Bitcoin Surge Is Underway, But This Altcoin Is The Real Deal appeared first on Coinpedia Fintech News While analysts predict a massive surge for Bitcoin (BTC), smart investors are setting their sights on a different prize—ETFSwap (ETFS), the Ethereum-based altcoin that’s poised to redefine the crypto ETF landscape.  Analysts Predict A Surge For Bitcoin (BTC) Yes, Bitcoin has made millionaires, and yes, it’s still the titan of the crypto world, but the truth is, as…

The post Bitcoin Price Dips With Whale Dump! Crucial September For BTC? appeared first on Coinpedia Fintech News With the increased uncertainty in the cryptocurrency market, the price of Bitcoin has failed to hold its value above the $60,000 mark. Notably, it has dropped approximately 8.86% over the past seven days and is presently hovering close to its support of $59,000. Moreover, ARK Invest’s recent selling of $100 Million has created a FOMO-like situation among investors regarding its short-term Bitcoin…