Sat, February 1

Bitcoin (BTC) Nears Key Resistance Amid Growing Crypto Optimism

Bitcoin recently reached a high of $102,037.76, continuing its upward trend. It is currently trading at $101,502.66, marking a 2.10% increase in the past 24 hours. The market cap now stands at $2.01 trillion, a 2.09% surge, while the 24-hour trading volume has risen to $58.1 billion, up 1.63%. The

January 17, 2025 2 mins read

Bitcoin Shows Resilience as Price Surges to $97K Overpowering Bears

The crypto community believes in everyday progress despite the market’s tendency for extremes. Thus members are rejoicing Bitcoin’s recent price increase that broke out of its resistance at $94,000. It has resulted in a pivotal change in the altcoin sector, as tokens are grabbing at the opportunity of a positive

January 15, 2025 2 mins read

Is the $94K Resistance the Reason Behind Bitcoin’s Bull Run Delay?

The cryptocurrency sector had a busy weekend in the past day with several firms performing crucial actions. For instance, Mango Markets, a decentralized exchange, halted operations after it settled with the SEC. Meanwhile, an Indian crypto exchange – Mudrex paused withdrawals for security upgrades.  On the other hand, price activity

January 13, 2025 2 mins read

US Spot Bitcoin ETF Outflows Spark Concerns for Bitcoin Price

Spot Bitcoin ETFs are still all the rage, even after a year since they were approved. But there’s cause for concern over the outflow that was observed on the final day of this week. On the second day of outflows, BlackRock’s IBIT topped the charts with a colossal amount of

January 11, 2025 2 mins read

Are Bitcoin Bears Eyeing New Lows Below $90K?

The bear trap holds strong while the Bitcoin market continues to slide. The price chart illustrates an intense downtrend after a sharp retreat from a high of $102K to consolidate around the $94K mark.  Over the past few days, BTC prices have undergone heavy fluctuations. The crucial resistance levels of

January 11, 2025 2 mins read

US Job Growth Beats Forecasts, Bitcoin Faces Pressure

The most recent figures for nonfarm payrolls reveal that the US employment rate surged in December. At the same time, the unemployment rate was lower than anticipated. Bitcoin and the cryptocurrency market as a whole may be greatly affected by these macroeconomic statistics. Despite predictions of 160,000, the actual rise

January 10, 2025 2 mins read

Will Bitcoin Rebound to $96K As Analysts Predict and Traders Go Long?

The crypto market stubbornly held on to its bearish trend this past week. As the weekend approaches, members expect to see a change of course in the prices. Meanwhile, the DOJ’s recent approval to sell Silk Road’s Bitcoin has caused the cryptocurrency to plummet further. Meanwhile, centralized exchange FTX has

January 10, 2025 2 mins read

Bitcoin investors withdraw as BTC drops 2.3% while Bitcoin tops 2024 ETF inflows

The market trends of cryptocurrency and ETF market in late 2024 was quite volatile due to a great change in attitude of investors along with the changing condition of market. Bitcoin was relatively volatile and largely affected the trend. Bitcoin Volatility and Outflows In January 2025, Bitcoin fell below the

January 9, 2025 2 mins read

Bitcoin Tumbles Below $95K as Market Faces $700M Liquidations

Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply

January 8, 2025 2 mins read

Bitcoin Reclaims $99K as Bulls Take Charge Amid Rising Hashrate

Bitcoin has reclaimed the $99,000 mark, trading at $99,248.51 with a 1.02% daily rise. Its market cap reached $1.96 trillion, up 1.02%, while the 24-hour trading volume surged 22.46% to $24.95 billion. Bitcoin’s fully diluted valuation (FDV) is now $2.08 trillion, with a market cap ratio of 1.26%.  Despite Proof-of-Work

January 6, 2025 2 mins read
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