Wheres The Bitcoin Price Bottom? 3 Educated Guesses
Bitcoin notched below $53,000 on Friday after the latest jobs report showed a slowdown in new hiring. Could the price go any lower?
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Bitcoin notched below $53,000 on Friday after the latest jobs report showed a slowdown in new hiring. Could the price go any lower?
DOGE is among the poorest performers now.
ETH was slightly up YTD and 46% for the trailing 12-months Thursday. But it has some big prospects ahead when alt season kicks in on this Bitcoin super cycle.
Donald Trump wants to move forward with his plans to make Musk head of a commission that would audit the Federal Government, if elected.
Major assets like XRP, TON, and ADA also experienced a decrease in whale activity, signaling a broader trend across the market.
XRP and DOGE are among the few altcoins in the green today.
Options trading for spot Bitcoin ETFs could increase liquidity in the ecosystem but also spike the paper supply of BTC as investors avoid the spot market.
SHIB has been skyrocketing lately, adding 42% of value in a week.
BNB has been steadily climbing in the past few days and sit above $600 now.
Throughout the past seven days, the crypto market cap exceeded $2.4 trillion, while Shiba Inu (SHIB) notes a major price increase.
The top performers from the larger-cap alts have soared by up to 45% in a week.
Coinbase launched cbBTC on September 12, and within a week, the token has become the third-largest Wrapped Bitcoin in the market.
It was a good week for the crypto markets, but there are some retracements across the charts now.
Gold's price against the USD exceeded $2,600 on Friday for the first time ever.
Bitcoin's price gained almost 8% in the past week on the back of exciting news from the US Federal Reserve and MicroStrategy.
Its not just the Federal Reserve readying to turn the lending spigots wide open. More than one central bank is poised to take a dovish turn in September. It could be Bitcoins time to shine.
The markets remained relatively slow throughtout Saturday as BTC flirts with $60K.
The negative correlation between bitcoin and gold reflects a risk-averse environment where investors prefer traditional safe-haven assets over speculative assets.
Today's top gainers include TAO, POL, THETA, PEPE, and others.
The Bitcoin ETFs saw their best day in terms of daily inflows on Friday in almost two months.
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