Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one…
View More Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?Tag: bitcoin market
Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means
Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development within the Bitcoin mining community has been highlighted by…
View More Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It MeansBitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?
Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week. These market conditions have sparked a range of analyses, with various on-chain indicators offering insights into current…
View More Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?Bitcoin Faces Critical Test as Retail Demand Hits Resistance Levels
Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound. While this bearish trend has many investors concerned, one CryptoQuant analyst, BilalHuseynov, recently…
View More Bitcoin Faces Critical Test as Retail Demand Hits Resistance LevelsBitcoin’s Ongoing Dip: Here’s What Analysts Are Saying
Bitcoin’s price has continued its decline, dropping below several key levels in recent days. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this year. Amid this downturn, various market analysts have taken to social…
View More Bitcoin’s Ongoing Dip: Here’s What Analysts Are SayingBitcoin’s Struggle Below $100K: Could These Market Signals Trigger the Next Rally?
Bitcoin’s recent performance has left the market in a state of uncertainty. Trading below the $100,000 mark for days now, the cryptocurrency seems to be grappling with a lack of upward momentum. Market participants seem to be questioning the forces holding back a more pronounced rally. Amid this challenging backdrop, some on-chain metrics and market…
View More Bitcoin’s Struggle Below $100K: Could These Market Signals Trigger the Next Rally?Bitcoin OTC Balances Decline, Raising Market Supply Questions
Bitcoin has experienced a challenging period recently, with its price consistently declining over the past several days. After failing to maintain its position above the six-figure mark, the leading cryptocurrency now trades below $97,000. At the time of writing, BTC trades at a price of $96,939, marking a 0.8% decline in the past day and…
View More Bitcoin OTC Balances Decline, Raising Market Supply QuestionsCould Fear Fuel Bitcoin’s Comeback? Analyst Spots a Surprising Pattern
Bitcoin price in recent days seems to have dimmed investor’s confidence in the asset for now with the community seeing less buzz as BTC sees fewer green days. Regardless of this, some analysts are still eager to analyze BTC and its major metric to at least get a perspective on if there’s hope around the…
View More Could Fear Fuel Bitcoin’s Comeback? Analyst Spots a Surprising PatternBitcoin Faces Mixed Signals: Institutional Investors Accumulate Amid Retail Weakness
Bitcoin has experienced notable price volatility since the start of the year, with its performance showing mixed signals. Institutional investors, however, appear to have maintained their confidence in the asset despite recent market corrections. According to a recent analysis shared by CryptoQuant contributor caueconomy on the QuickTake platform, institutional players have been strategically accumulating Bitcoin,…
View More Bitcoin Faces Mixed Signals: Institutional Investors Accumulate Amid Retail WeaknessBitcoin Plunges Below $100K Despite Positive Coinbase Premium Signal – What’s Next?
Bitcoin (BTC) has seen bullish but unsteady price action in early 2025, with recent data highlighting shifting sentiment among US investors. After briefly crossing the $102,000 mark yesterday, the asset has struggled to maintain upward momentum, shedding most of its recent gains as it stands at just below $100,000. These developments coincide with critical insights…
View More Bitcoin Plunges Below $100K Despite Positive Coinbase Premium Signal – What’s Next?