Bitcoin has formed a one-hour death cross, a technical pattern that historically signals short-term price drops. Analysis suggests Bitcoin could fall to around $60,200 or even $57,250 based on past patterns, with possible brief rebounds before further declines. The cryptocurrency is also struggling to break resistance near $64,400 amid market uncertainty from U.S. inflation data and a large government crypto transfer. Despite a recent price rebound, Bitcoin remains below key moving averages, indicating a bearish trend with subdued buying momentum.
Bitcoin is hovering around the $80,000 mark, a key level tied to institutional investors' average acquisition costs. Recent sharp declines in capital inflows into US spot Bitcoin ETFs signal waning demand, while upcoming US inflation data and Federal...
Bitway (BTW) token fell sharply by 13.23% to $1.82, leading losses among 90 crypto assets as most declined. MemeCore (M) and Monero (XMR) were top gainers, rising 11.73% and 10.78% respectively. Other notable decliners included LayerZero, Worldcoin, ...
U.S. spot Bitcoin ETFs attracted $524.8 million on Wednesday, extending a three-day inflow streak to about $1.07 billion and reversing October losses by roughly $460 million. This inflow surge follows a prior two-week outflow totaling around $910 mil...
Bitway experienced the largest 24-hour drop among 90 tracked crypto assets, falling 18.27% to $1.69, continuing a downward trend from the previous day. While Bitway and several other tokens declined, some like Pearl and Lighter saw gains of over 10%....
NBA player Tristan Thompson is actively buying Bitcoin every day and pursuing acquisitions of mining facilities and data centers. He remains bullish on Bitcoin, calling it "digital gold" and comparing it to a retirement savings account. Thompson also...
