Bitcoin’s astronomical price rise shows the coin is now coasting along at $ 97,227 per coin on Sunday, Dec. 1, 2024, at 11:57 a.m. With a $ 100,000 milestone in sight, it’s been sparking questions about its appeal—or lack thereof—among retail investors. The Gold Standard Trap: Bitcoin’s Struggle With Retail Appeal Bitcoin (BTC) …
Ethereum Shorts Hit Record High as Market Leverage Soars
Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $ 20 billion, setting a new record and highlighting heightened speculative activity. This …
Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $ 98,367 per coin, just 1.66% shy of the coveted $ 100,000 mark. Bitcoin Approaches $ 100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the …
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $ 135,000 by late 2025, he cautions that …
Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $ 62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at …