The Coinbase Bitcoin Premium Index has remained negative for 90 consecutive days, signaling weaker U.S. buying demand or stronger selling pressure on Coinbase compared to Binance. Despite this, Bitcoin's price holds near $63,000, with market sentiment cautious as indicated by the Crypto Fear and Greed Index at 34. Analyst Michaël van de Poppe identifies $63,400 as a critical resistance level, where a breakout could push prices above $64,600. Meanwhile, Crypto Rover's cycle analysis suggests a potential Bitcoin bottom before October, based on historical market cycles, though this is not a price prediction but a pattern observation.
Bitcoin surged 47% from its July low, yet holders are reluctant to sell, as shown by the adjusted Spent Output Profit Ratio (aSOPR) near 1.01, indicating minimal profit-taking. This contrasts with August's breakout when aSOPR was higher, suggesting c...
XRP has consistently outtraded Bitcoin on South Korea's Upbit exchange for 30 consecutive days, reaching $350 million in trading volume on September 21 compared to Bitcoin's $225.8 million. The price of XRP on Upbit rose about 19% from $1.28 to $1.52...
Ripple co-founder Chris Larsen highlighted XRP's longevity and strong community as key factors that help it stay relevant over time, sparking renewed debate on whether XRP could eventually overtake Bitcoin. Larsen emphasized XRP's decade-long presenc...
The cryptocurrency market briefly surpassed a $3 trillion valuation, driven by Bitcoin reaching around $86,000, its highest since late January. Major altcoins like DOGE, XRP, and Solana also saw significant gains, while nearly $920 million in short p...
BNB rose about 1.8% to near $787 after briefly surpassing $800 during a recent crypto rally driven by a broad market rebound. The surge was fueled by Bitcoin's 6% gain, falling oil prices, lower Treasury yields, and a short squeeze liquidating over $...
