As of August 19, 2024, bitcoin is trading at $ 58,061, with a 24-hour intraday range between $ 57,918 and $ 60,191. The crypto asset saw a trading volume of $ 20.7 billion and maintains a market capitalization of $ 1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key …
On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $ 152.3 million exit during Thursday’s trading sessions. Grayscale ETHE’s Third Day of Outflows Contributes to $ 178M Negative Net Inflow …
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point since November 2022. Significant declines in the Philippine peso, Indian rupee, and South Korean won are […]
Ethereum’s price stands at $ 3,311, with a market capitalization of $ 404 billion. The 24-hour intraday trading range has fluctuated between $ 3,277 and $ 3,500, while the 24-hour trade volume has reached $ 16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of …
Bitcoin’s price continues its downward trajectory, coasting along at $ 63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour …