Axim247

CryptoMarkets

Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining

admin
Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining

Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows.

Related posts:

Default ThumbnailBitcoin stays ‘stalled’ at $78K as oil threatens new risk-asset squeeze Default ThumbnailBitcoin price slips under $77K as bulls battle for new ‘macro-bullish shift’ Default ThumbnailSpot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum? Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?Crypto Fear and Greed Index turns neutral for first time since January: Is $100K BTC next?

Related Posts

XRP At Risk? Large Holders Stir The Market, Increasing Near-Term Turbulence
The broader cryptocurrency market saw a sharp drop today, and the price of XRP took a big hit, falling to the $1.35 level. After a period of downside action, current on-chain activity is weakening, which is hinting at a continuation of the current bearish environment for the leading altcoin. A Spike In XRP Whale Transfers […]
Bitcoin Undeterred: Trump’s 15% Global Tariff Hike Fails To Rattle Crypto
Bitcoin held its ground over the weekend as US President Donald Trump said late Saturday that he was increasing a recently announced global tariff from 10% to 15% and that the new rate would take effect immediately. Related Reading: Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years The move came after […]