Bullish

The post Bitcoin Market Update: Dormant Address Activates Amidst Bullish Trends appeared first on Coinpedia Fintech News Bitcoin (BTC) is currently priced at $62,995.60, with a market cap of $1.24 trillion, commanding a dominance of 53.52%. Over the past week, BTC has seen a 2.78% increase and a 7.01% rise over the past 30 days. Despite a slight 0.49% dip in the last 24 hours, transaction volume remains robust at $21.84 billion, with 346,753 BTC traded. In a notable event,…

Dogecoin (DOGE) could be on the brink of a major bullish reversal based on a technical indicator recently flashing a bullish signal for the meme coin. While highlighting the bullish signal, crypto analyst Ali Martinez also hinted at how high Dogecoin could rise when this reversal occurs.  A Rebound For Dogecoin On The Horizon Martinez mentioned in an X (formerly Twitter) post that the TD Sequential is presenting a buy signal on Dogecoin’s 3-day chart, thereby “predicting a rebound of…

Bitcoin is trending higher at spot rates, breaching $63,000 on June 30 before recoiling. Even though momentum is building, the action of the coin’s price is a source of debate. Still, some are doubtful, thinking there is reason for a possible overvaluation. Analyst: Bitcoin Is Overvalued, Here’s Why In a post on X, one analyst argues that the coin may likely cool off, extending the 18% drop registered in June. To conclude this, the analyst said the preview factored in…

The post What’s Next For Ethereum Now That Bitcoin Has Made A Bullish Statement? appeared first on Coinpedia Fintech News Bitcoin surged from its lows of $60k, surprising everyone with nearly a 4 percent gain on July 1st. Other altcoins, including Ethereum, also saw gains, bringing renewed hopes to investors and analysts alike. Analyst Josh of Crypto World said that the price of ETH is currently holding above the 50% retracement level, which is acting as support around $3,350.  This…

The post Bitcoin Market Update: Bullish Sentiments Rise appeared first on Coinpedia Fintech News Bitcoin’s Open interest has rebounded to $17.47 billion, a 1.3% jump in 24 hours. The funding rate has improved, reflecting bullish sentiments. Further, Bitcoin’s network transfer volume increased by 1.57% in the last 24 hours, with a value of 481,332 BTC. Addresses also surged by 4.22%, reaching 1.37 million. Transactions, however, dipped slightly over the last 24 hours. Overall sentiment remains bullish, with the Binary CCD…

The post 900M SHIB Burn Sparks Optimism Over SHIB’s Bullish Future appeared first on Coinpedia Fintech News The latest update from Shibburn revealed that over 900 million SHIB were burnt over the past month in June. Meanwhile, today, the burn rate spiked 1400% incinerating over 301 million coins. SHIB price witnessed significant gains today reflecting the burn impact as it noted an uptick of 3.67% and is currently trading at $0.00001717. The broader market sentiments remain optimistic with the continuous…

Bitcoin (BTC) is on the brink of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency asset has been experiencing an upward trend, gaining momentum and investor confidence.  Breaking through this key resistance could act as a catalyst for a major rally, potentially pushing BTC to new heights. Traders and market analysts are closely monitoring this level, as a successful breach could signal a strong bullish phase and attract increased trading activity, further driving…

The post The Crypto Market Kickstarts July On A Bullish Note As BTC Price Jumps 4.38%! appeared first on Coinpedia Fintech News After concluding the month of June on a bearish note, the valuation of the global Cryptocurrency market has recorded a jump of 4.12%, from $2.25 Trillion to $2.33 Trillion, a jump of $80 Billion within the past 24 hours. Moreover, the market leader Bitcoin price has reclaimed the $63K mark and the Ethereum token has added 3.73% in…

The post Bullish Patterns Predict 30% Jump for Bitcoin As Ether Preps For $5,000  appeared first on Coinpedia Fintech News Following a massive recovery over the weekends, the BTC price enters the new week optimistically. With an almost 3% rise, Bitcoin marks the end of the correction phase in the short term, resulting in a broader market recovery.  As July starts, the overnight turn of sentiments teases a bull run with a breakout. Further, the underlying gears of bullishness churning…