Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC
Crypto Markets Add $150B Overnight as BTC, ETH Soar to 10-Day Peaks (Market Watch)
Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000. The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each. Bitcoin’s Resurgence Last week was quite harmful to the primary cryptocurrency as the asset plummeted to under $61,000 on Tuesday morning amid fears of what the US central bank might do later…
1 year ago
Spot Bitcoin ETF Flows Return to Positive as BTC Powers to $71K
For the first time since March 15, the net aggregate flow of funds to the newly launched batch of spot BTC ETFs is positive. March 25 saw a net inflow of $15.4 million, reversing a trend that has resulted in net outflows of $887 million over the past week. While yesterday’s inflow figure is the lowest since January 26, it marks a trend reversal as Bitcoin prices recover following their pre-halving retrace. Bitcoin ETFs Back in Black Preliminary data from…
1 year ago
Here’s Why Robert Kiyosaki Wants to Buy More Bitcoin (BTC) Now
TL;DR Robert Kiyosaki advocates for Bitcoin investment, predicting a substantial price increase and suggesting fractional purchases for those who can’t afford to buy a whole BTC. The halving event, among other factors, is identified as a significant catalyst for a potential rally. Why Accumulate More? Robert Kiyosaki – the author of the best-seller “Rich Dad, Poor Dad” – is among the most vocal proponents of Bitcoin (BTC). Apart from praising the merits of the primary digital asset, the American businessman…
1 year ago
Bitcoin (BTC) price at critical juncture
The bitcoin price has broken out, but has still not been able to get above $69,000. Will this lead to a continuance of $BTC’s rollover from the high of $73,800, or can $BTC make a higher high and go on to make a new all-time high? A higher high is crucial After a week of either weak, or negative flows from the Spot Bitcoin ETFs, $BTC still managed to break out of its downward channel over the weekend. The next…
1 year ago
Raffle Coin (RAFF) Becomes a Buzzword Among Bitcoin (BTC) & Ethereum (ETH) Investors Eager for Distinct Investments: Experts Anticipate 20X Growth
Raffle Coin (RAFF) seems to be the new favorite project of both Ethereum (ETH) and Bitcoin (BTC) investors. They remain lit with excitement as they show their support for the emerging project. They are seeing Raffle Coin (RAFF) as an opportunity to not only diversify their portfolios but also gain huge percentages of profit. The steady rise of Ethereum (ETH) has been halted by a recent drop in prices Despite experiencing a period of steady rise in the last month,…
1 year ago
Bitcoin (BTC) Soars Past $69K to Chart 9-Day High, Liquidations Jump to $200M
The price of Bitcoin added more than five grand in the past day or so and over $2,000 in the last hours to skyrocket to a new nine-day peak of over $69,000. The altcoins have also turned green, with notable price increases from the likes of SOL, AVAX, and TON. BTCUSD. Source: TradingView Bitcoin had an unfavorable week in the past seven days, as reported earlier, and saw its price stall at around $64,000 during the weekend after a failed…
1 year ago
Kaspa (KAS) and Sui (SUI) continue to show strength after bitcoin (BTC) pump
With Bitcoin and the crypto market totally ignoring the bearish SEC investigation into the Ethereum Foundation, solid gains were made across the board on Wednesday. As Thursday sees calmer price action, both Kaspa (KAS) and Sui (SUI) are continuing to see positive price movement. Total 3 tells the story After Tuesday’s heavy down day, it certainly wasn’t expected that the crypto market would have such a good day on Wednesday. The Total 3 chart (market cap of all cryptocurrencies, excluding…
1 year ago
Huge price upswing sees bitcoin (BTC) increase 9.5% on Wednesday
The crypto market continues to surprise, as on the day that news came out on the SEC investigation of ethereum, both $BTC, and $ETH completely ignored this bearish dynamic, and made big gains of 9.5% and 11% respectively. Bearish news - $BTC rockets up With huge outflows still taking place from the Grayscale Spot Bitcoin ETF (GBTC), and Blackrock (IBIT) and the other 8 ETFs languishing for the third straight day of weak inflows, bitcoin decided on a very solid…
1 year ago
Bitcoin (BTC) bounce needs to continue
Bitcoin is currently bouncing after suffering Tuesday’s 8.4% reversal. Momentum indicators have reset, and now it’s just a case of $BTC getting back above the resistance at $69,000. If $BTC isn’t successful, and a lower high is made, the present correction could continue, and take the king of the cryptocurrencies even lower. A much needed green day After Tuesday’s dump, many retail investors might have been on shredded nerves, and possibly on the verge of selling, if they hadn’t already…
1 year ago