Bitcoin, clocking in at $ 94,504 with a market cap of $ 1.87 trillion, witnessed a 24-hour trading session of around $ 53 billion, bouncing between $ 93,368 and $ 97,133 over the past day. Bitcoin The one-hour chart showed bitcoin taking a nosedive from its recent peak near $ …
The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […]
As of June 19, 2024, bitcoin’s price is $ 65,283, fluctuating within an intraday range of $ 64,149 to $ 65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $ 31.28 billion, with a market capitalization of $ 1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The …
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going to cut.” ECB Boosts Interest Rates […]