Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger?
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Bitcoin Seeing A Crucial Shift In Demand Dynamics While Price Action Weakens
As volatility persists in the market, Bitcoin faces a potential retest of the $70,000 price level following the recent pullback. With this waning price action, demand for the flagship asset among investors and traders is exhibiting a trend that could spell trouble for its near-term direction. Demand Patterns For Bitcoin Are Undergoing A Change Bitcoin […]
Analysts Call Ethereum a Strategic Buy as ETF Inflows Soar and Price Nears Breakout Zone
Ethereum (ETH) is closing in on its 2021 all-time high as institutional demand surges, fueled by record-breaking inflows into U.S. spot Ethereum exchange-traded funds (ETFs). Related Reading: XRP ETF Launch Is Inevitable: Ripple CEO Predicts Trading Could Begin Soon On Wednesday alone, Ethereum ETFs pulled in $729.1 million, their second-largest daily inflow since launch, with […]




