Bitcoin surged over 25% in August but shows weak spot demand and liquidity, raising concerns of a bull trap. Meanwhile, Ethereum sees strong liquidity growth with stablecoin supply rising and record ETH staking, indicating robust demand. This liquidity divergence suggests capital is rotating from Bitcoin to Ethereum, potentially setting the stage for altcoins to outperform Bitcoin in Q4. If this trend continues, the ETH/BTC ratio could rise, fueling broader altcoin gains.
Bitway (BTW) led cryptocurrency gains with a 45.91% rise to $2.62 in 24 hours, while most of the top 89 cryptocurrencies declined. Pearl (PRL) also rose significantly by 17.99%, but major coins like Bitcoin and Ether saw slight drops, trading at $83,...
The cryptocurrency BTW surged 48.6% to $2.63 despite a 2.4% decline in the overall crypto market cap to $2.82 trillion. Bitcoin remained relatively stable at $83,502, down just 0.4%, while Ethereum dipped 0.9%. This selective rally in smaller altcoin...
Bitcoin is currently trading at $83,443, with Binance's perpetual market showing a significant imbalance: $42.08 million in sell orders versus $32.50 million in buy orders, creating a $9.58 million sell-side gap. Coinbase's spot market also has more ...
Gold trades near $4,160 an ounce as Middle East tensions and rising oil prices keep demand for safe havens in focus, though higher interest rates limit gains. Bitcoin recovered to around $83,650 after a selloff, supported by renewed ETF inflows, with...
Bitcoin's perpetual futures funding rate turned negative at -0.0009% every eight hours, signaling a shift in trader sentiment as open interest declined by 1.72% to $7.67 billion. Despite this, long positions still outnumber shorts at 56.1%. Other maj...
