Bitcoin Records $40B+ In Capital Outflows As ‘Humpback’ Whales Intensify Selling – Details

Over the last week, the Bitcoin price has continued to see sustained selling pressure, with the flagship cryptocurrency trading around $73,400. According to recent on-chain data, changes in key market structures suggest Bitcoin might remain in this bearish state in the near to mid-term. Realized Cap Metric Reflects Growing Capital Outflows  In a recent post…

View More Bitcoin Records $40B+ In Capital Outflows As ‘Humpback’ Whales Intensify Selling – Details

Bitcoin Bears Record Fall In Market Strength — Is A Trend Reversal On?

In the past three days, the price of Bitcoin has moved between $88,000 to $90,000, indicating a rather stable market with little volatility. This ongoing price consolidation comes after the leading cryptocurrency suffered a significant setback in its goal to reclaim its psychological six-figure valuation. During the week, Bitcoin prices fell from around $96,000 to…

View More Bitcoin Bears Record Fall In Market Strength — Is A Trend Reversal On?