Bitcoin is trading at prices between $ 62,856 to $ 63,016 at press time, with a market cap of $ 1.24 trillion and a 24-hour trade volume of $ 23.87 billion. Intraday, prices fluctuated between $ 62,120 and $ 63,909, showing signs of consolidation. Despite the overall uptrend, oscillators …
As of Sept. 16, 2024, bitcoin traded at $ 58,578, within a 24-hour range of $ 58,231 to $ 60,366. The leading crypto asset saw a daily trade volume of $ 26.95 billion, with a market cap of $ 1.15 trillion. Despite this high liquidity, bitcoin is struggling to break …
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching, traders should exercise caution as the market searches for stability. Ethereum Ethereum’s price is facing significant downward pressure […]
Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments in market dynamics and the overall health of the cryptocurrency market. Glassnode Analysis Highlights Significant Gains for Bitcoin Short-Term Holders The latest […]