Este artículo también está disponible en español. Bitcoin reached a new all-time high yesterday, surging to $94,000 and solidifying the bulls’ control over the market. This milestone has ignited widespread speculation about the key factors fueling the rally, as Bitcoin continues to dominate headlines and capture investor enthusiasm. Related Reading Key insights from CryptoQuant CEO…
On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This…
Data shows the Bitcoin investor sentiment has entered extreme greed territory following the asset’s surge to a new all-time high (ATH). Bitcoin Fear & Greed Index Is Now Pointing At ‘Extreme Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders in the…
Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track…
Este artículo también está disponible en español. Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for…
Este artículo también está disponible en español. Data shows the Bitcoin Coinbase Premium Index has remained negative during the rally to $68,000. Here’s what this could mean for the asset. Bitcoin Coinbase Premium Index Is Currently Showing Red Values As explained by an analyst in a CryptoQuant Quicktake post, the BTC Coinbase Premium Index is…
Yesterday, Bitcoin reached $68,000 for the first time in several months. This, along with the strong performance of other cryptocurrencies like Dogecoin (DOGE) and Litecoin (LTC), led to a big surge in the crypto market. In just the past two days, the total value of all cryptocurrencies increased by an amazing $130 billion. The enthusiasm…
On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new post on X, CryptoQuant author Axel Adler Jr talked about the recent trend in the Bitcoin…
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while…
On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, miners have gradually been reducing their exchange inflows recently. “Exchange inflows”…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a new post on X, the Bitcoin…
Este artículo también está disponible en español. An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new post on X, analyst James Van Straten has discussed about the…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the…
An analyst has explained how the worst could be behind for Bitcoin, and Q4 may bring back bullish momentum if history is anything to go by. Q3 Has Historically Been The Worst Time For Bitcoin Investors In a new post on X, Capriole Investments founder Charles Edwards talked about how investors are going through the…
Este artículo también está disponible en español. Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations. Related Reading The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was…
Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel Adler Jr in a new post on X, the BTC short-term holders currently have their cost…
Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during the past few days, Bitcoin has finally shown some momentum in the last…