Bitcoin (BTC) remains stuck to the south of the $29,000 level amid a lack of fresh positive catalyst to sustain the bullish momentum that saw it hit fresh yearly highs around $31,800 earlier this month. The cryptocurrency is for now holding to the north of its 50-Day Moving Average at $29,100 as Wednesday’s US Federal…
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With the upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, market participants are eagerly awaiting the outcome and its potential impact on various financial assets, including Bitcoin. As the FOMC convenes to make decisions on the federal interest rate, the cryptocurrency market is on edge, with investors wondering whether Bitcoin has already reached…
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Bitcoin, the world’s leading cryptocurrency, is facing a dip of 3% as it trades at $29,171 on Tuesday. The failure to sustain higher price levels may have influenced aggressive bearish sentiments, leading to short positions, while short-term bulls have chosen to secure their profits. Amidst the market fluctuations, two significant factors weighing on BTC’s performance…
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Leveraged long positions in the bitcoin (BTC) futures market worth $41.5 million were liquidated on Monday, the second largest daily for long liquidations so far this month, as per CoinGlass.com. The spike in long liquidations came as bitcoin fell nearly 3.5% to fresh one-month lows under $29,000…. Read More: $45 Million in Bitcoin Longs Wiped…
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In the midst of ongoing market fluctuations, the outlook for Bitcoin (BTC) remains a topic of intense speculation. As bears exert pressure and keep the price below the critical $30,000 level, traders and investors are closely monitoring the next potential moves. With the market dynamics at play, the future trajectory of BTC remains uncertain. … Read…
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Amidst the dynamic and ever-changing landscape of the cryptocurrency market, Bitcoin’s recent performance has been under scrutiny. Currently trading at 29,890, the world’s leading digital currency has experienced a slight decrease of nearly 0.25% on Sunday. However, what has drawn significant attention is the notable drop in its trading volume, which has now fallen to…
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A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing. Wright, who has claimed to be the creator of Bitcoin since 2016, has filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging violations of his copyright on…
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As Bitcoin’s trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move. Currently trading at around $29,900 with a less than 0.10% increase on Saturday, Bitcoin remains a subject of interest for investors and traders alike. Alongside this, the SEC’s request for additional funding to address…
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Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, has once again bounced at support in the $29,500 area and was last changing hands just above $30,000. BTC has tested key short-term support in the mid-$29,000s on multiple occasions so far this week, with the bulls for now holding firm…. Read More: Bitcoin…
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The current live Bitcoin price stands at $29,864, reflecting a 24-hour trading volume of $11.2 billion and a less than 1% increase in the last 24 hours. As the top-ranked cryptocurrency with a market cap of $580.4 billion, Bitcoin is closely watched by investors and traders alike. Meanwhile, in an interesting development, Global X ETFs,…
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