Glassnode's recent analysis highlights a key on-chain indicator showing that Bitcoin investors who bought 1-2 years ago are stabilizing their realized losses, suggesting a potential easing of selling pressure. This pattern, observed during past bear markets, could signal the start of a market bottom and momentum shift. However, confirmation depends on Bitcoin breaking the critical $69,000 resistance level, which represents a major test for recovery. Analysts will watch the coming weeks closely to see if these early signs lead to a sustained trend change.
Bitcoin traded flat near $63,400 after volatile intra-day swings between $63,317 and $64,400, keeping its market cap at $1.27 trillion. The recent sell-off linked to Strategy's bitcoin sales appears to have stabilized, with the company’s CEO assuring...
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,359, slightly down by 0.10%. Ethereum and Solana show modest gains, while other coins like Zcash (ZEC) and Near Protocol (NEAR) experience significant increases of 6.20% and 6.50% ...
Gold prices rose 0.5% following July's inflation data showing a slowdown to 3.4% annually, easing fears of a Fed rate hike. Bitcoin and other cryptocurrencies also gained, supported by steady inflows into spot Bitcoin ETFs. However, analysts note tha...
Bitcoin rose to around $64,100 after U.S. inflation data showed the Consumer Price Index (CPI) increased 3.4% annually in July, slightly easing from 3.5% in June. The inflation report matched market expectations, leading traders to largely maintain t...
Cryptocurrency prices are fluctuating with Bitcoin falling 1.3% to $63,460 and Ethereum slightly down by 0.2%. Several altcoins like FIGR_HELOC and HYPE are gaining, showing positive momentum in some parts of the market. This mixed performance highli...
