As Bitcoin (BTC) recovers from its five-month low, the cryptocurrency attempts to reclaim the $84,000 resistance. Some market watchers suggest that more volatility could be around the counter, as the price is compressing between two key levels. Bitcoin Retests 4-Month Downtrend Line Over the past week, Bitcoin has been trading between the $74,000-$84,000 price range…
Tag: BTCUSDT
Bitcoin Holds Above 365-Day Moving Average, But Market Sentiment Remains Subdued
Bitcoin has begun showing early signs of recovery following a recent correction that saw the asset fall to $74,000 earlier this month. At the time of writing, Bitcoin trades above $82,000, inching closer to the $85,000 range with its market capitalization now sitting above $1.6 trillion. A recent market report from CryptoQuant outlines several contributing…
Kaiko Report Highlights Key Drivers of Q1 Crypto Market Decline and Outlook for Q2
Bitcoin and other crypto assets faced headwinds in the first quarter of 2025 as global economic tensions intensified. After a strong start to the year driven by optimism over President Donald Trump’s return and supportive macroeconomic expectations, the crypto market struggled with a sharp drop in trading volumes. According to a new tariff measures introduced…
Analyst Compares Trump’s Market Impact to Obama Era as Bitcoin Sees Momentum
Bitcoin is currently trading just above $80,000, following a brief rally to $83,000 yesterday that sparked renewed investor optimism. Despite the 4.1% gain over the past day, the asset remains more than 25% below its all-time high of over $109,000 set in January. One of the latest developments influencing the current sentiment came from US…
Bitcoin Dominance: BTC’s MVRV Outpaces ETH’s For Record 812 Days
On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio is currently on a record streak against the metric for Ethereum. Bitcoin Has Continued To Dominate Ethereum In MVRV Recently In its latest weekly report, the on-chain analytics firm Realized Cap growth since the start of the bull cycle. The “Realized Cap” here…
Bitcoin Rallies After Trump Pauses Tariff—Crypto Markets Cheer the Move
Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone. Bitcoin started a fresh increase above the $80,000 zone. The price is trading above $80,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Bitcoin Ownership Patterns Shift Amid Price Correction
Bitcoin is currently trading at $76,899, marking a 3.7% decline in the past 24 hours and a 29.4% drop from its all-time high above $109,000 recorded in January. After falling below $80,000 on Sunday, the digital asset has struggled to reclaim upward momentum, reflecting persistent selling pressure in the broader crypto market. While price action…
Bitcoin Battles Tariff Turmoil: Can the 2-Year Realized Price Hold the Line?
Bitcoin has felt the impact of the ongoing global tariff tensions, with little to no upward momentum. The asset appears to have paused its bull run, dampening investor expectations for a near-term recovery. Currently trading just above $77,000, BTC has declined nearly 30% from its all-time high, including a 1.6% drop in the last 24…
Bitcoin Buy Signal Confirmed? Analysts Highlight Key Reversal Zone In Play
In an X post shared earlier today, crypto analyst Ali Martinez noted that Bitcoin (BTC) is flashing a buy signal. Another analyst, Titan Of Crypto, highlighted that BTC is currently trading in a reversal zone – suggesting that the leading cryptocurrency may soon experience a shift in price momentum. Bitcoin Flashes Buy Signal Amid Market…
Bitcoin Open Interest Crashes 17% as Whales Scoop Up Supply—Reversal Ahead?
Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025. Market…