The Hidden Truth About Why Crypto Market Cycles Can Be So Extreme The Hidden Truth About Why Crypto Market Cycles Can Be So Extreme

November 9, 2024 at 03:13 AM GST updated: November 8, 2024 at 02:38 PM 2 mins read News The crypto market is highly sensitive to short-term investor sentiment, leading to dramatic price swings. Lower liquidity in smaller cryptocurrencies can result in significant price shifts with minimal trade volume.  Continuous, round-the-clock trading causes rapid market reactions,…

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Want to Profit From Bitcoin’s Price Swings? Here’s How Traders Are Navigating Market Volatility

October 11, 2024 at 07:23 AM GST updated: October 10, 2024 at 08:54 PM 3 mins read News There are passive ways of accumulating cryptocurrency wealth starting with airdrops and going to active trading strategies such as arbitrage and actual bitcoin trading. Staking is a relatively low-risk way of utilizing your funds and obtaining passive…

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Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels

On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical indicators reveal persistent downward momentum, suggesting that traders should remain cautious…

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Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $138M in Daily Profits, Says Glassnode Glassnode‘s…

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US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets

QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision and Fed Policy Shift Market Dynamics QCP Capital‘s latest insights highlight…

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