Bitcoin is currently trading near $70.3K. $249M in BTC liquidations hit the market. Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million BTC exchanged. It makes it a strong area of both support and resistance.
Bitcoin came below renewed selling pressure after Federal Reserve Chairman Jerome Powell signaled a cautious stance on future price cuts, triggering a broader market pullback. The important cryptocurrency dropped more than 5% in 24 hours, taking from weekly highs above $74,000 as macroeconomic troubles weighed on investor sentiment. Fed Signals Drive Market Weakness The decline
Bitcoin price is holding near the $70.7K mark. BTC Fear and Greed Index at 23 hints at extreme fear. The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge
Metaplanet transferred 4,986 BTC ($368M) from dormant wallets, marking its first major activity in three months. The company aims to acquire 210,000 BTC, currently holding 35,102 BTC, while raising up to $531M through shares and warrants. Japan-based Tokyo-listed Bitcoin treasury company Metaplanet Inc. transferred 4,986 Bitcoin (BTC), valued at about $368 million, from its cold
Bitcoin slips over 4%, trading near $67.8K. $119.12M in BTC liquidations hit the market. The dominant asset, Bitcoin (BTC), is floating over the bear market. It has been trading below $75K over the last few weeks, facing back-to-back rejections amid the recovery attempts. The BTC price has plunged by 4.29% in the last 24 hours.
With a 6% gain, Bitcoin is trading at the $71.3K mark. The market has seen $201.34M in BTC liquidations. 5% gain has been recorded in the last few hours within the crypto market. It has pushed the majority of the digital assets into bullish territory. The largest and dominant token, Bitcoin (BTC), has followed suit,
Bitcoin is currently hovering around the $68.9K level. The BTC market has recorded $132.83M in liquidations. The broader bearish crypto market is painted in red, with extreme fear sentiment enduring. As the bears are strong, most of the assets are losing momentum. Notably, the largest asset, Bitcoin (BTC), has been facing rejections back-to-back and slipped
Bitcoin is trading around the $87.7K mark. BTC’s trading volume has exploded by 184%. The bearish zone built in the crypto market is strong enough to pose severe risks across the assets. Their price movements are fluctuating heavily, losing the recent gains and momentum. Bitcoin (BTC), the largest asset, is trading on the downside and
Bitcoin’s profit cycle has turned negative for the first time since 2023. On-chain data shows more investors are realising losses than profits. For the first time in more than two years, Bitcoin’s profit cycle has turned negative, according to on-chain data from analytics firm CryptoQuant. This change shows that, over the past 30 days, more
Bitcoin is trading around the $95.4K range. BTC’s trading volume has surged by over 63%. With a 3.56% surge, the crypto market cap has pushed to $3.24 trillion. At the same time, the broader sentiment is neutral as the Fear and Greed Index value is found at 52. The majority of the assets are charted