Bitcoin's price fell 1.44% to $77,475 and Ethereum dropped 2.11% to $2,419, with Bitcoin dominance steady at 59.1%. On-chain data suggests that large holders, or whales, are distributing rather than accumulating, likely taking profits amid modest price declines. This cautious behavior may indicate a potential pause or consolidation in the market before any sustained rebound. Traders should watch exchange flows closely, as they could signal future volatility or a shift in momentum.
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
A joint study by ARK Invest and Glassnode found Bitcoin's mining power is concentrated in three pools surpassing 51% hash rate, but independent miners can switch pools quickly, limiting control. Ethereum requires three staking entities to exceed a 33...
Bitcoin slipped below $77,000 following a strong 24% gain in August, pressured by concerns over rising US interest rates and higher oil prices due to geopolitical tensions. Other major cryptocurrencies like Ether, XRP, and Solana also declined. The m...
Bitcoin's price is consolidating between $77,000 and $78,000 after a recent rally that pushed it above $80,000. This pause reflects a balance between buyers and sellers amid increased volatility caused by renewed U.S.-Iran tensions, which have pressu...
Bitcoin price dropped below $77,000 following fresh US military strikes on Iranian targets near the Strait of Hormuz, which pushed oil prices above $90 per barrel. This geopolitical escalation led to about $115 million in long crypto position liquida...
