Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $ 41,950 to $ 42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse perspective, indicating a multifaceted interaction of market factors. …
Bitcoin has been holding steady above the $ 42K zone and over the past hour, the leading crypto asset has changed hands for $ 42,425 to $ 42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $ 835 billion with …
According to the Altcoin Season Index from blockchaincenter.net, an indicator signaling the arrival of the so-called ‘altcoin season,’ the time has indeed come for altcoins. This metric essentially demonstrates that 75% of the leading 50 altcoins have outperformed bitcoin in the past 90 days. Altcoins Ascend as Index Points to Season’s Entry In early December […]
Following numerous proclamations of bitcoin’s demise in 2021 and 2022, totaling 47 and 27 on the Bitcoin Obituaries list respectively, a mere eight declarations were noted in 2023. The final one emerged at the year’s end, attributed to crypto advocate Arthur Hayes, who warned that if exchange-traded funds (ETFs) achieve excessive success, “they will completely […]
As the clock turned to 2024, bitcoin’s price danced between $ 42,094 and $ 42,781 per unit. On Jan. 1, amid the holiday’s quiet, bitcoin’s current technical indicators offer a mixed bag of signals, setting a contemplative stage for the year ahead. Bitcoin Jan. 1, 2024, saw bitcoin (BTC) with a modest 24-hour …