Bitcoin’s recent surge to an all-time high has been followed by a sharp correction amid renewed concerns about global economic tensions. Institutional investors appear to have approached the rally with caution, strategically positioning in the options market to hedge risks and lock in profits. Institutional Investors Take Defensive Stance During Bitcoin Surge Blockchain analytics firm…
Despite Bitcoin’s sharp drop following the U.S. tariff announcement on China, analysts suggest the bottom may not yet be in. On-chain indicators show mixed investor sentiment as BTC’s recovery stalls near $111,000. Background: Trump Tariffs Trigger Crypto Market Shakeup The October 10 tariff announcement by U.S. President Donald Trump sent shockwaves across the cryptocurrency market….
MicroStrategy Executive Chairman Michael Saylor shared a cryptic yet inspirational message on X, quoting “Don’t Stop Believin’” with a Bitcoin chart in tow. The tweet, viewed by millions, underscores the company’s ongoing confidence in its substantial Bitcoin holdings amid volatile market conditions. Background: Saylor Sends a Message Through Music Michael Saylor, the outspoken Bitcoin advocate…
Russia has emerged as the leading European nation for cryptocurrency adoption, overtaking the United Kingdom, according to a recent report by blockchain analytics firm Chainalysis. The shift is largely attributed to increased crypto activity driven by sanctions and geopolitical pressures. Background According to newly released data from Chainalysis, Russia has become the highest-ranking European country…
Bitcoin’s price has stalled following a bearish shift earlier this month, placing the cryptocurrency between two critical technical support levels. Analysts warn that a breach of the lower boundary could lead to a deeper correction, while a move above resistance may reignite bullish momentum. Recent trading volumes have reflected this uncertainty, and traders are now…
Bitcoin Taker Buy Ratio Plummets Across Major Exchanges — What This Means for Price Summary: Bitcoin’s price remains under pressure as on-chain metrics reveal growing sell-side dominance across major exchanges. The Bitcoin Taker Buy Ratio has dropped to multi-year lows, a signal that market participants may be experiencing peak capitulation — a condition that historically…
The Indian crypto market has witnessed massive growth over the last few years. With millions of investors entering the space, the biggest question remains: Which is the best crypto coin to buy in India right now? And what is the best crypto to invest in for long-term wealth? At Crypto24x7, we bring you expert insights,…
Bitcoin Long-Term Holders Slow Down on Sales Amid Market Volatility Bitcoin experienced sharp price swings over the past week, falling from $116,000 to around $108,600. Despite the decline, on-chain data reveals a slowdown in Bitcoin long-term holders’ (LTH) selling activity—potentially signaling market stabilization and future accumulation. Background: Shrinking Selling Pressure from Long-Term Holders The recent…
Bitcoin Price Reaches ‘Critical Junction’: Potential Rally to $139K in Sight Bitcoin is teetering at a crucial price level, with the potential to either rebound toward $139,000 or face further losses. Market sentiment has dipped into fear territory as traders await the next decisive move. Bitcoin Faces Key Technical Decision Zone Bitcoin is currently positioned…
The crypto market is showing renewed optimism as Ripple (XRP) begins to consolidate above a key support level, fueling bullish sentiment. Meanwhile, the emerging altcoin PayFi records the highest gains on the charts, drawing attention from traders and analysts. Ripple (XRP) Gains Bullish Momentum Ripple’s native token, XRP, is witnessing a promising uptrend after a…
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