BTC

Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark. The crypto markets have not seen much movement over the past 24 hours, with cryptocurrencies such as Ethereum (ETH) registering a marginal increase to remain above $2,400, while Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and others reported similar marginal increases.  The overall crypto market cap also reported a marginal decline, falling by 0.17% to $2.17 trillion.…

If Bitcoin ($BTC) is able to break out of its bull flag, the resulting influx of capital into the cryptocurrency space as a whole could be huge, sparking the altcoin season of this bull market. That said, so far, there are few altcoins that are outperforming $BTC. However, $BNB, $SOL, and $RENDER are prominent among them. BNB/BTC up 80% since December 2023 Source: TradingView Binance Coin ($BNB) has been in an uptrend against $BTC since early 2021. However, after the…

The tug of war over the Bitcoin price continues. Large whales have accumulated strongly over recent days, while the US government has won the right in court to sell 69,000 $BTC, forfeited by one individual in the Silk Road case. Game theory in play Could the Bitcoin price be relatively flat because the market is waiting to see what will happen with the 69k in seized Silk Road $BTC? It’s not known if the US government will in fact sell…

Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market, potentially passing their holdings to long-term investors or “strong hands.” Short-Term Holders Exit Equals Market Opportunities The analyst’s post, “Weak Hands & Bitcoin Dips: Uncovering…

Everything is in place to commence the next phase of the crypto boom, and the investors are looking to spot the assets that will outperform Bitcoin (BTC) and Ethereum (ETH). Before BTC and ETH leave the stage, there are pools of underestimated yet value-loaded altcoins that can bring great returns in perspective. In this article, we will cover 4 of those cryptos that could well beat the reigning BTC and ETH in the near future with Rexas finance (RXS) being…

Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world’s largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800. BTC traders are awaiting the US Consumer Price Data, with a positive report likely to trigger a price rise.  Despite the volatility, an NYDIG report has revealed that BTC maintained its position as…

The Bitcoin price is once more threatening to roll over, having been rejected from a $66,500 local top last week. Enough buying to force the price up is still failing to materialise, and therefore price momentum continues to be generally weak. Does this herald yet another price dump to lower levels for Bitcoin? Seventh month of sideways price action for $BTC As Bitcoin enters its seventh month of sideways and downwards price action investors are no doubt feeling the doubt…

Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world’s largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500. BTC is currently trading around the $63,400 mark.  Meanwhile, Ethereum (ETH) briefly climbed above $2,500 in early trading today but quickly fell below that level and is currently trading at $2,480.…

As for those who were not around at the beginning of Bitcoin (BTC) when it was priced as low as $1, the quest for the new great cryptocurrency has never been more thrilling. Bitcoin's climb to thousands in market price has created opportunities for investors to go looking for the next magic digital currencies that might appreciate substantially. Even though Bitcoin has opened the hurdles for the blockchain, several alternatives have come up with new ideas that can revolutionize the…