BTC

Bitcoin (BTC) closed the week above $58,000. Late summer months are usually not easy for the bulls, therefore look for $BTC to continue to chop sideways, at least for this coming week.  More sideways price action After a great recovery last week, following the yen carry trade sell-off, the end of the week saw the $BTC price head lower again, and the weekend also contributed to further sell-offs in price, which has brought $BTC back down to the $58,000 level.…

The post Cryptocurrency Market Stumbles Again As Bitcoin (BTC) Price Plunge Below The $59K Mark! appeared first on Coinpedia Fintech News Over the past 24 hours, the crypto market has recorded a drop of 3.99% in valuation, from $2.14 Trillion to $2.05 Trillion, a loss of $90 Billion. Following this, the market leader, BTC price recorded a correction of 3.93% with a trading volume of $25.061 Billion. Further, it has recorded a 24-hour low of $58,207.36 and is presently trading…

Bitcoin (BTC) holders faced a rough period last Monday as the price crashed from $61,000 to $54,000 within a few hours. This decline, tagged as one of the worst days for BTC this year, caused massive losses and liquidations.  While the coin has reclaimed the previously lost peak, data shows that the BTC price may still be in danger of another decrease. Bitcoin HODLer Behavior Lacks Confidence A crucial metric fueling this bias is Bitcoin’s Holder Net Position Change. The Holder…

The post What’s Next For BTC, ETH, BNB, SOL, And XRP As Crypto Market Stumbles! appeared first on Coinpedia Fintech News With a bearish start to the month and the price of Bitcoin dropping below the $55,000 mark, the cryptocurrency market has continued to display a mixed price action this week. Following this, top altcoins have recorded a similar price action by recording a constant pump-and-dump-like situation. With the current market situation, is this the right time to stack more…

The post BTC Price May Not Make It to $70,000: Bitcoin Death Cross May Trigger 10% Drop This Weekend appeared first on Coinpedia Fintech News Bitcoin price has been consolidating within a range for over 5 months and despite multiple attempts, it has failed to reach the crucial resistance at $70,000. The star crypto is consolidating within a pattern that does not flash positive signs. Besides, the price is testing the crucial support and another bearish push could drag the…

The post Analyst Draws Timeline for the Bitcoin Price Will Hit a New ATH, Which ETH Altcoins Are Heading Higher with BTC? appeared first on Coinpedia Fintech News A cryptocurrency expert has predicted that Bitcoin (BTC) will reclaim its all-time high if it remains above $45,000 in a year. Given that altcoins, including Ethereum (ETH), mirror BTC’s performance; market players focus on Ethereum altcoins like RCO Finance (RCOF) to imitate the expected Bitcoin rally. Let’s investigate the basis of this…

The post BTC ETF Options Coming Soon? Bloomberg ETF Analyst Notes ‘Some Movement’ appeared first on Coinpedia Fintech News James Seyffart took to X to share that there’s definitely some movement on Bitcoin ETF options.  “CBOE just withdrew their application for options on spot Bitcoin ETFs. Which sounds like a bad thing at first… But at the same time they just re-filed a brand new and updated application”, he noted. Three Exchanges Withdraw Their Application, But Does It Matter? However,…

The post Bitcoin Price Prediction: BTC Price To Slingshot To $70K This August? appeared first on Coinpedia Fintech News The star crypto token has recorded a strong bullish recovery within the past 24 hours after trading under a bearish sentiment over the past few days. Notably, the Bitcoin price has jumped approximately 8% during this time, resulting in it reclaiming the $61K mark. Planning on investing in BTC crypto but concerned about questions like “Will BTC price drop again?” or…

Bitcoin (BTC) has surged past the $60,000 mark as markets recovered. The broad-based crypto rally saw other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and XRP, gain around 8% to 10%. One observer noted that prices rarely make such a recovery after major capitulation events, such as the one that occurred on Monday. After a rough week, the crypto markets were buoyed by news that the US economy looks much healthier than previously thought and that a judge approved the…