Bitcoin ETFs Record $3.9 Billion Inflows Over 12 Days
Net capital inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency continued for 12 consecutive days, totaling $3.9 billion during this period.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Bitcoin ETFs Record $3.9 Billion Inflows Over 12 Days
Net capital inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency continued for 12 consecutive days, totaling $3.9 billion during this period.
Analyst warns bitcoin’s bull phase may soon end
The MVRV indicator does not yet point to a reversal in bitcoin’s price, but the current upswing is likely nearing its end, said CryptoQuant analyst Yonsei_dent.
Bitcoin Price Surges Past $107,000
The leading cryptocurrency has continued its recovery following eased tensions in the Middle East, with the asset appreciating by 1.9% over the past 24 hours, according to CoinGecko.
Bitcoin Dominance Index Rises to 62%, Casting Doubt on Altcoin Season
The dominance index of digital gold, reflecting its market share compared to other crypto assets, has risen to 62% after a dip to 59% in May.Expert Observes Largest Deleveraging Since China’s Bitcoin Ban
The futures market has experienced a significant reduction in leveraged positions, comparable to the period during China’s bitcoin mining ban, according to observations by CryptoQuant contributor known as Darkfost.
Middle East Tensions Trigger Cryptocurrency Market Plunge
Overnight from June 21 to 22, the leading cryptocurrency fell below $101,000 following U.S. strikes on Iran’s nuclear facilities. At the time of writing, the asset had recovered to $102,700. 15-minute BTC/USDT chart on Binance. Data: TradingView. Ethereum dropped to $2280, losing about 5% over the day. 15-minute ETH/USDT chart on Binance. Data: TradingView. According […]
Fear and Greed: Santiment Highlights Tension in the Bitcoin Community
Analysts at Santiment have reported an intensifying clash between bulls and bears and a deterioration in cryptocurrency market sentiment.
Bitcoin Indicator Suggests Potential Surge to $130,000
Despite the consolidation of the leading cryptocurrency, its on-balance volume indicator (OBV) suggests a rise to $130,000-$135,000 in the third quarter. Analyst Cas Abbe highlighted this potential. Source: X. An increase in OBV indicates buyer pressure, while a decrease suggests seller dominance. If the indicator continues to rise, Bitcoin will break out of the $103,000-$111,000 […]
Federal Reserve Maintains Key Rate as Bitcoin Shows Tepid Response
On June 18, the United States Federal Reserve maintained its key interest rate within the range of 4.25–4.5%. “The Committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run. Uncertainty regarding economic indicators has decreased but remains high,” the Fed commented. The decision aligned with market expectations and […]
Bitcoin Plummets to $104,000 as Analysts Outline Future Trajectory
On June 17, the leading cryptocurrency rapidly lost ground, plunging from $108,000 to $103,500. Analysts anticipate a “big move” soon. Hourly chart of BTC/USDT on Binance. Data: TradingView. On the hourly chart, the coin recorded 13 consecutive red candles. At the time of writing, Bitcoin is trading around $103,900, having lost 3.8% in a day. […]QCP Predicts Bitcoin’s Resilience Amid Global Uncertainty
Analysts at QCP Capital noted that despite escalating tensions in the Middle East, proponents of digital gold have yet to show signs of full-scale panic. After a brief dip following news of the conflict between Iran and Israel, the leading cryptocurrency rebounded from a weekly low of $102,800 to $107,000. Experts believe that Bitcoin’s price […]We use cookies to improve the quality of our service.
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