Bitcoin eyes its next rally as stablecoin reserves on exchanges hit yearly highs and the U.S. dollar weakens. Bitcoin (BTC) is positioning for its next potential upward move, fueled by a weakening U.S. dollar and a quiet accumulation of stablecoin buying power on exchanges. According to new on-chain data, the market is building a…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price slipped a fraction ahead of key US inflation data tomorrow with traders increasingly uncertain over the likelihood of a December rate cut by the Federal Reserve. BTC slid to as low as $102,457.33 in the past 24 hours but…
Bitcoin is back above $107,000 this week, after dipping dangerously close to $98,000 just days ago. The correction shook the market and tested the nerves of even the strongest hands. Yet, from a technical perspective, the bullish structure remains intact. Higher-timeframe charts still favor the uptrend — though it was uncomfortably close to breaking. For…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price jumped 4.4% over the past 24 hours to trade at $106,507 as of 2:57 a.m. EST on trading volume that soared to $68.4 billion. BTC reclaimed a level above $106,000 for the first time in nearly a week amid…
By the end of last week, volatility had slightly decreased, with most assets finishing the five-day period around key support and resistance zones. Market sentiment remains cautious, suggesting that investors are still awaiting clearer guidance from central banks, primarily the US Federal Reserve, regarding their monetary policy in the near and medium term. 💶 EUR/USD…
Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan Chase has increased its exposure to spot Bitcoin ETFs (exchange-traded funds) as investors withdrew more than $500 million from the investment products. According to the firm’s latest Form 13-F filing with the US Securities and Exchange Commission (SEC), JPMorgan added another…
Market Force – The Real Reason Markets Move Market Force In every financial market, forex, stocks, commodities, or crypto, price movement boils down to one fundamental principle: the balance between supply and demand. While traders often rely on technical analysis or news events to guide decisions, the underlying driver of every market move…
Join Our Telegram channel to stay up to date on breaking news coverage Samson Mow has urged Zcash holders to take profits from the privacy coin’s parabolic rally and rotate into Bitcoin, while likening it to the volatile meme coin Dogecoin. Mow, the CEO of Bitcoin technology company JAN3, posted a screenshot of the Dogecoin…
Analysts at JPMorgan have suggested that bitcoin may be oversold after recent price declines pushed it below $100K. They indicated there is a possibility of higher prices in the coming months. Digital assets meet tradfi in London at the fmls25 After reaching $126K a few weeks ago, Bitcoin has undergone a prolonged correction. Buyers appear…
The crypto market compounded a negative week with a continued drawdown on Friday. Bitcoin BTC$100,108.89 dropped to $100,600 and ether ETH$3,239.55 is languishing as $3,270. The move appears to be in line with the wider crypto market trend of late, which has seen BTC lose 18% of its value over the past 30 days. Both…