Bitcoin Coinbase premium turns negative as BTC price stalls under $63K
Bitcoin price stagnates below $63,000 as on-chain data highlights an uptick in selling activity.
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Bitcoin price stagnates below $63,000 as on-chain data highlights an uptick in selling activity.
Bitcoin’s 9% dip over the last week reduced the likelihood of downside volatility, say analysts from crypto exchange Bitfinex.
Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.
Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles.
If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report.
Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market.
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.
Veteran trader Peter Brandt’s warning to crypto traders suggests Bitcoin could fall into a deeper downtrend.
