Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate

Bitcoin (BTC) noticed contemporary rejection at $23,500 resistance on Aug. 5 as United States equities didn’t embrace surprisingly robust payroll knowledge. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView “Collapsing actual wages” poke... Read more »

2 metrics signal the $1.1T crypto market cap resistance will hold

Cryptocurrencies have failed to interrupt the $1.1 trillion market capitalization resistance, which has been holding robust for the previous 54 days. The 2 main cash held again the market as Bitcoin (BTC)... Read more »

US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market

U.S. senators have launched the “Digital Commodities Client Safety Act of 2022” to empower the Commodity Futures Buying and selling Fee (CFTC) “with unique jurisdiction over the digital commodities spot market.” Digital... Read more »

How short-term Bitcoin holders invest differently to long-term holders according to on-chain data

on-chain knowledge reveals obvious variations in how short-term and long-term holders put money into Bitcoin. Brief-term holders have been primarily shopping for between the $17okay – $48Okay ranges, whereas long-term holders are... Read more »

Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T

The overall crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint beneath the important thing psychological stage. Over the following seven days, Bitcoin (BTC) traded flat... Read more »

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

In a downtrend, when markets don’t reply negatively to bearish information, it’s a signal that the promoting could have reached exhaustion. Stories of electrical car maker Tesla dumping 75% of its Bitcoin... Read more »

Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

“When will it finish?” is the query that’s on the thoughts of traders who’ve endured the present crypto winter and witnessed the demise of a number of protocols and funding funds over... Read more »

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The Bitcoin (BTC) value chart from the previous couple of months displays nothing greater than a bearish outlook and it’s no secret that the cryptocurrency has constantly made decrease lows since breaching... Read more »

‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools

Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Road open because the U.S. greenback cooled its surge to new two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView Greenback... Read more »

Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees

A descending triangle sample has been pressuring Bitcoin (BTC) for the previous three weeks and whereas some merchants cite this as a bullish reversal sample, the $19,00zero help stays a vital stage... Read more »