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Bitcoin Inflection Point Forms At $70k As Institutional Demand Offsets Whale Sell-Off

admin 31 Views
Over the last day, the Bitcoin price has displayed sideways movement, without any apparent intent of a breakout. While this is a typical weekend price action, there has been an interesting update on the underlying dynamics keeping the flagship cryptocurrency grounded around $70,000. Related Reading: DOJ, Europol Freeze $3.5M In Crypto After Dismantling Global Proxy […]
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Here’s Bitcoin’s Fate If The Strait Of Hormuz Remains Unsettled – Details

admin 36 Views
The Bitcoin market has experienced some significant price relief in recent weeks. After a series of intense corrections that forced prices to a local bottom of $60,000 in early February, the premier cryptocurrency presently trades around $71,000, reflecting a 7.19% gain in the past month.  Meanwhile, the global markets have been heavily rocked by heightened […]
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Ethereum Approaching Major Capitulation Zone — On-Chain Metrics Hint At Impending Shift

admin 33 Views
Following a disappointing performance in February, the Ethereum price has seen some semblance of relief over the past two weeks. With the steadying market condition, the “king of altcoins” has managed to hold its own around the psychological $2,000 level. This, expectedly, has been enough to rouse hopes in silent investors on the Ether token’s […]