Experts flag strong prospects for further Bitcoin growth
September closed higher for the first time in eight years, fueling bullish sentiment for October, according to Bitfinex analysts.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Experts flag strong prospects for further Bitcoin growth
September closed higher for the first time in eight years, fueling bullish sentiment for October, according to Bitfinex analysts.
Analysts weigh the odds of a fresh rally in the crypto market
QCP Capital: BTC rose by an astonishing 9% over the previous three days, offsetting the negative close of Q3 (-12%), but a retest of $25,000 cannot be ruled out.
Shutdown fears spur inflows into crypto funds
Fears of a possible US government shutdown spurred purchases of cryptocurrency investment products in the period from 23 to 29 September. Inflows totaled $21 million, according to CoinShares analysts.
Analysts weigh Bitcoin’s potential next moves
Bitcoin rose 70% from its November low, despite fears of rate hikes thanks to ETF approval expectations. Analysts from Cointelegraph presented several scenarios for further price dynamics.
K33 Research: ETH/BTC poised to turn higher after ETF launch
K33 Research: The ETH/BTC ratio hit yearly lows, but the launch of a futures-based ETH ETF could reverse this trend.
Opinion: The ‘golden cross’ in the dollar index won’t threaten Bitcoin
Concerns about the impact of a stronger U.S. dollar on digital gold may be overstated, especially over the long term. The two assets are not closely correlated.
Experts record a decline in spot trading and mass long liquidations
As Bitcoin hovers in a range of $25,000–$27,000, analysts note a drop in spot trading volumes and risks of large long liquidations in the derivatives market.
Analysts forecast growth in crypto fund assets to $650 billion
Over the next five years, assets under management by crypto funds could rise to $650 million as the market transitions from a 'cottage' stage to a regulated environment.
Outflows from crypto funds continue for a sixth straight week
CoinShares: Outflows from cryptocurrency investment products for the period of 16–22 September totaled $9 million, down from $54 million a week earlier.
Binance’s Bitcoin spot trading volume falls 57%
Binance led the decline in spot Bitcoin trading, with the metric down 57% since September 1.We use cookies to improve the quality of our service.
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