Bitcoin is trading in a bearish zone below $9,000 against the US Dollar. BTC price is likely to accelerate lower if it breaks the $8,680 and $8,600 support levels. Bitcoin is declining and trading well…
Bitcoin Price Caught Between Key Support Levels as…
Bitcoin (BTC) price had a relatively muted day as the digital asset traded between $8,700-$8,885. Currently, the price remains below the ascending channel trendline and the daily candle closed as a neutral doji, showing bulls…
Bitcoin Risks Turning Bearish Due to Declining Market…
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures…
After Spiking to February 2018 Levels, Bitcoin Fees…
After spiking a week ago to levels last seen in February 2018, the average Bitcoin (BTC) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee decreased by nearly 54%…
Here’s Why Bitcoin Could See a Bloodbath Decline…
Bitcoin has once again found itself caught within a bout of sideways trading as it struggles to garner any momentum as it hovers around the $8,800 region. This is around the price point at which…
$9M and Over 4,500 Fusions – Bitcoin Cash…
Since November 28, 2019, the Cashfusion protocol has helped facilitate 4,583 fusions to-date with roughly 40,564 bitcoin cash ($9.1M). Cashfusion is an extension of the Cashshuffle platform and the protocol has been deemed “far more…
Here’s Why Ethereum’s Bull Case Remains Strong Despite…
Ethereum has been underperforming Bitcoin and many of its other peers over the past couple of months, with its sharp decline from yearly highs of $290 doing some damage to mid-term market structure. It now…
Market Wrap: Bitcoin Can’t Stick to $9,000 While…
The equities markets far outpaced cryptocurrencies Tuesday on optimism that economic restrictions put in place to help slow the spread of the coronavirus are easing. Bitcoin (BTC) poked its head above the $9,000 level briefly…
US Plan to Delist Chinese Stocks Could Trigger…
The mounting tensions between the US and China as a result of the ongoing pandemic have contributed to global instability and could ultimately provide a major boost to Bitcoin. The United States House of Representatives…
Binance Futures Traders Long BTC and Altcoins, Even…
The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline…