3 significant events occurred in the past 24 hours.
El Salvador Bitcoin adoption falls short
2024-08-31 09:38:06 EDT, Sentiment: 0.6
El Salvador President Nayib Bukele acknowledges Bitcoin adoption has fallen short despite its rebranding success and $265 million profits for the country.
El Salvador President Nayib Bukele Concedes Bitcoin Adoption Has Fallen Short Despite $265 Million Profits
Summary: El Salvador’s President Nayib Bukele admitted that Bitcoin adoption in the country has been mixed, with less widespread use than hoped. Despite this, he views the BTC initiative as a net positive, benefiting from branding, investments, and tourism.
- Sentiment: 0.2
- ZyCrypto @ 2024-08-31 09:38:06 EDT Read More
Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
Summary: President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and how it has fared for the country so far.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-31 14:40:07 EDT Read More
El Salvador President on Bitcoin: "I Expected More Adoption"
Summary: El Salvador President Nayib Bukele discusses Bitcoin adoption, challenges, and positives with TIME Magazine.
- Sentiment: 0.2
- 99Bitcoins @ 2024-08-31 14:15:07 EDT Read More
El Salvador President Says Bitcoin Strategy Has Been Net Positive, but Adoption Still Lags
Summary: El Salvador holds $400 million in Bitcoin in its public wallet and continues to advocate for Bitcoin despite lower-than-expected adoption rates. President Bukele asserts the strategy has attracted investment and branding, despite concerns from institutions like the IMF.
- Sentiment: 0.3
- The Tech Report @ 2024-08-31 13:45:59 EDT Read More
El Salvador calls bitcoin experiment 'resounding success' with only 'benefits'
Summary: In a new interview, President Nayib Bukele reflected on the success and failures of bitcoin adoption.
- Sentiment: 0.3
- TheStreet @ 2024-08-31 20:00:07 EDT Read More
El Salvador calls bitcoin experiment 'resounding success' with only 'benefits'
Summary: El Salvador's President Bukele claims the country's bitcoin experiment is a "resounding success" despite low adoption, with only 12% of citizens using it recently. Bukele emphasizes voluntary use and highlights benefits such as branding, investments, and tourism.
- Sentiment: 0.2
- YAHOO!Finance @ 2024-08-31 19:52:35 EDT Read More
El Salvador calls bitcoin experiment 'resounding success' with only 'benefits'
Summary: President Nayib Bukele praised El Salvador’s bitcoin adoption, calling it a success despite lower-than-expected usage and declining adoption rates. While bitcoin has not significantly improved the economy for most citizens, it has brought branding, investment, and tourism benefits.
- Sentiment: 0.1
- YAHOO!Finance @ 2024-08-31 19:52:35 EDT Read More
Is Bitcoin a Bust in El Salvador? Bukele Reveals the Truth!
Summary: Salvadoran President Nayib Bukele acknowledged that although major businesses accept Bitcoin, the broader public adoption and expected economic benefits have not fully materialized since Bitcoin became legal tender in 2021. Bukele described outcomes as positive but slower than anticipated.
- Sentiment: 0.2
- Crypto News Flash @ 2024-09-01 01:06:37 EDT Read More
Bitcoin ETF Faces Major Outflows
2024-08-31 02:38:21 EDT, Sentiment: 0.45
BlackRock's bitcoin ETF experiences its first outflows since May, losing $13.5 million.
Bitcoin ETF Continues Losing Momentum, ETH ETF Records “0” Flow For The First Time Ever!
Summary: On August 30th, BTC ETFs experienced zero inflow for the first time ever, with Grayscale’s GBTC leading in outflows at $70.2 million. The total BTC ETF outflow for the day reached $175.6 million.
- Sentiment: -0.5
- Coinpedia @ 2024-08-31 02:38:21 EDT Read More
Top 10 Free Bitcoin Mining Sites In 2024
Summary: In 2024, many free Bitcoin mining sites have emerged, allowing users to mine Bitcoin without upfront costs. Notable platforms include MasHash, which offers automatic mining and daily payouts, and ECOS, which provides flexible plans and an integrated crypto wallet.
- Sentiment: 0.5
- Blockzeit @ 2024-08-31 03:35:41 EDT Read More
Bitcoin ATM Scams Skyrocket to $110 Million Here’s Who’s at Risk!
Summary: Bitcoin ATM fraud is surging, especially targeting the elderly, with losses exceeding $110 million in 2023. Scammers exploit these ATMs to trick victims into depositing cash, which is converted to Bitcoin and stolen.
- Sentiment: -0.6
- Coinpedia @ 2024-08-31 03:28:28 EDT Read More
Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
Summary: The dollar loan would have a 14.5% annual interest while the interest rate on the Bitcoin loan is cheaper at 9.5%.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-31 04:14:07 EDT Read More
Bitcoin DeFi Protocol Seeks to “Save” WBTC from Justin Sun - "The Defiant"
Summary: Concerns have been raised over WBTC custodian BitGo's decision to partner with the Tron network and its founder.
- Sentiment: 0.3
- The Defiant @ 2024-08-31 05:37:07 EDT Read More
Court Grants Bankrupt Bitcoin Miner Rhodium Approval for Loan in Either BTC or USD
Summary: Rhodium Enterprises secured an option for bankruptcy funding in fiat or 500 Bitcoin, approved by the U.S. Bankruptcy Court, showcasing innovation and risk in navigating financial distress within the volatile crypto sector.
- Sentiment: 0.1
- Coinrevolution @ 2024-08-31 06:22:16 EDT Read More
Jack Dorsey Champions Decentralization: Bitcoin and Nostr as Tools Against Digital Censorship
Summary: In an era where digital censorship and authoritarian controls are increasingly pervasive, Jack Dorsey, the renowned tech visionary and co-founder of Twitter...
- Sentiment: 0.0
- The Vocal News @ 2024-08-31 06:00:07 EDT Read More
Nakamoto Activation Begins: Leading L2 Stacks Sets the Stage for a Bitcoin-Led Future | Bitcoinist.com
Summary: The Nakamoto Activation Sequence for Stacks Layer 2 has begun, enhancing Bitcoin integration with improvements such as faster transactions, stronger finality, and reduced miner MEV opportunities, positioning Stacks to advance Bitcoin’s scalability and functionality.
- Sentiment: 0.9
- Bitcoinist @ 2024-08-31 07:36:46 EDT Read More
Vinanz PLC is concentrating on expanding its Bitcoin mining operations within the U.S
Summary: Vinanz PLC is expanding Bitcoin mining operations in the U.S., targeting Bitcoin-friendly states and aiming for a $1 billion market valuation and NASDAQ listing by next year, with hopes of a Bitcoin price boost if Trump wins the election.
- Sentiment: 0.74
- Share Talk @ 2024-08-31 07:28:01 EDT Read More
Leaders visit Austin to push for Bitcoin regulation
Summary: Local officials met with Texas lawmakers in Austin to discuss Bitcoin mining regulations and policies in the state.
- Sentiment: 0.2
- Glen Rose Reporter @ 2024-08-31 08:27:37 EDT Read More
Crypto Africa Review: Nigeria Approves First Exchange, Bitcoin Trading Explodes In Egypt
Summary: Crypto in Africa is growing. Nigeria has approved the first crypto exchange, while Bitcoin trading is popular in Egypt.
- Sentiment: 0.0
- 99Bitcoins @ 2024-08-31 08:18:12 EDT Read More
Bitcoin Project Incubator Service Market Size Is Booming Worldwide with Share, Top Key Players (2024-2034)
Summary: The article outlines the Bitcoin Project Incubator Service market, emphasizing its segmentation by type, application, and region. It highlights varying regional dynamics and challenges, with notable mentions of the growing need for advanced analytics in different industries.
- Sentiment: 0.0
- www.dailynewsmirror.in @ 2024-08-31 09:56:32 EDT Read More
BlackRock’s Spot Bitcoin ETF Sees First Outflow Since May — Ominous Sign For Bitcoin’s Price?
Summary: BlackRock’s iShares Bitcoin Trust (IBIT) experienced significant outflows of $13.5 million on August 29, amid a Bitcoin price drop below $59,000, marking its second-ever outflow and highlighting waning investor interest in spot Bitcoin ETFs.
- Sentiment: -0.75
- ZyCrypto @ 2024-08-31 09:06:27 EDT Read More
Wall Street Bitcoin Miner Loses $29 Million, Six Times Less Than Last Year
Summary: IREN, a publicly-listed Bitcoin miner, reported a 145% revenue increase and mined 4,191 BTC in the fiscal year ending June 30, 2024. The company's Bitcoin mining revenue reached $184.1 million, and it aims to expand its mining capacity to 30 EH/s by year-end.
- Sentiment: 0.9
- Finance Magnates @ 2024-08-31 10:22:04 EDT Read More
Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million
Summary: Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million.
- Sentiment: 0.2
- Bitcoin.com News @ 2024-08-31 10:06:07 EDT Read More
Texas has authorized a debtor-in-possession financing scheme for the BTC miner Rhodium August 31, 2024
Summary: Rhodium's Chapter 11 filing highlights challenges in the Bitcoin mining industry, with Galaxy Digital offering a financing option of $30M or 500 BTC. The approval comes amid Bitcoin price volatility and increased operational costs impacting miner profitability.
- Sentiment: -0.4
- Bitcoinleef @ 2024-08-31 11:38:45 EDT Read More
The Revenge of Blue-Collars: Death to Bitcoin, Long Live Dollars
Summary: The article highlights a tension between traditional cash-based transactions and cryptocurrency, specifically Bitcoin. A carpet cleaner's refusal to accept Bitcoin, despite its rising value to $30K, contrasts with a coder's belief in Bitcoin's future, revealing a generational divide in payment preferences.
- Sentiment: -0.2
- HackerNoon @ 2024-08-31 11:26:07 EDT Read More
BlackRock’s Spot Bitcoin ETFs Fund IBIT Reports First Negative Flows Since May 1
Summary: Spot Bitcoin ETFs saw net outflows of $71.73 million on August 29, the third straight day of declines. BlackRock’s IBIT recorded a $13.51 million outflow, its first since May 1, indicating a potential shift in investor sentiment.
- Sentiment: -0.5
- The Tech Report @ 2024-08-31 10:36:28 EDT Read More
Bitcoin ETFs log monthly loss, Ethereum ETFs are ignored after outflow streak
Summary: Ethereum exchange-traded funds continue to wobble as spot bitcoin ETFs log a red candle for the month of August.
- Sentiment: 0.0
- The Block @ 2024-08-31 13:14:08 EDT Read More
Rothschild Investment LLC Buys Shares of 39,475 iShares Bitcoin Trust (NASDAQ:IBIT)
Summary: Rothschild Investment LLC acquired 39,475 shares of iShares Bitcoin Trust (NASDAQ:IBIT), valued at approximately $1,348,000, during the second quarter. Several other institutional investors also recently secured new holdings in the trust, underscoring growing interest in BTC investments.
- Sentiment: 0.1
- MarketBeat @ 2024-08-31 14:47:07 EDT Read More
REN Co-CEO Dan Roberts on How AI is Revolutionizing Bitcoin Mining
Summary: Dan Roberts of IREN discussed leveraging their data centers for both Bitcoin mining and AI model training. He highlighted IREN's use of 100% renewable energy and extensive infrastructure, positioning the company as a major player in Bitcoin mining and AI integration.
- Sentiment: 0.6
- CryptoGlobe @ 2024-08-31 14:40:24 EDT Read More
DeFi Protocol Threshold Proposes Merger with WBTC to Prevent Takeover by Justin Sun
Summary: Read more about Cryptonews The decentralized finance (DeFi) protocol Threshold has proposed a merger between its Bitcoin ...
- Sentiment: 0.2
- cryptonews @ 2024-08-31 12:00:08 EDT Read More
BlackRock's bitcoin ETF loses $13.5 million in first outflows since May
Summary: The spot bitcoin exchange-traded fund (ETF) from BlackRock, the world's largest asset manager, saw net outflows of $13.5 million on August 29,...
- Sentiment: 0.0
- TheStreet @ 2024-08-31 15:47:08 EDT Read More
All the reasons why Ethereum is struggling to catch up with Bitcoin
Summary: ETH's underperformance relative to BTC hit a yearly low due to net buyer interest divergence, weak investor attraction to ETH ETFs, liquidity timing, lack of staking features, and competition from other smart contract chains, according to Coinbase analysts.
- Sentiment: -0.6
- AMBCrypto @ 2024-08-31 15:00:43 EDT Read More
Crypto Investors Lose $310 Million in August 2024
Summary: Crypto investors lost $310.94 million in August 2024, dominated by a $238 million BTC phishing scam and a $55 million wallet compromise. The market only recovered $10.3 million, emphasizing digital asset vulnerabilities.
- Sentiment: -0.8
- crypto2community @ 2024-08-31 14:33:46 EDT Read More
Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity
Summary: The SIBAN leader believes clear regulations will attract foreign investors and benefit Nigerian entrepreneurs.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-31 17:31:06 EDT Read More
XRP Outrage as Bitcoin, Ethereum Allegedly Receive SEC's Favoritism, Igniting Community Backlash
Summary: The XRP community accuses the US SEC of bias towards Bitcoin and Ethereum, criticizing the agency's perceived favoritism and leniency towards these cryptocurrencies while scrutinizing Ripple more harshly. This has intensified debate and frustration within the crypto space.
- Sentiment: -0.8
- EconoTimes @ 2024-08-31 17:22:56 EDT Read More
Bankrupt Rhodium receives court approval to take loan in Bitcoin or dollars
Summary: Rhodium Enterprises, the crypto miner that went bankrupt last week, just got court approval to borrow money in either U.S. dollars or Bitcoin.
- Sentiment: 0.65
- Cryptopolitan @ 2024-08-31 18:48:07 EDT Read More
Nigerian SEC Grants Approval In Principle To Two Crypto Exchanges
Summary: Nigeria's SEC granted Approval in Principle to Busha and Quidax, marking the first approvals for crypto exchanges under its Accelerated Regulatory Incubation Program. Effective Bitcoin regulation in Nigeria is crucial to balance innovation, economic growth, and competitive markets.
- Sentiment: 0.5
- Forbes @ 2024-08-31 18:50:07 EDT Read More
Lightspark Introduces UMA Extend: Bridging Lightning Network Payments with U.S. Bank Accounts
Summary: Lightspark's new UMA Extend feature integrates Bitcoin’s Lightning Network with U.S. banks, allowing instant LN payments to be settled directly into bank accounts. This move aims to enhance LN adoption by bridging cryptocurrency and traditional financial systems.
- Sentiment: 0.7
- Inside Bitcoins @ 2024-08-31 18:03:43 EDT Read More
BlackRock's bitcoin ETF loses $13.5 million in first outflows since May
Summary: BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced net outflows of $13.5 million on August 29, its largest loss in four months, amid a wider market trend of outflows from bitcoin and ether ETFs.
- Sentiment: -0.6
- YAHOO!Finance @ 2024-08-31 15:47:15 EDT Read More
Bitcoin ATM fraudsters scam seniors out of $110M: report
Summary: Bitcoin ATM scammers targeted senior citizens last year, resulting in $110 million in losses, a tenfold increase from 2020. Scammers used fake customer service calls to trick victims into sending money through these ATMs, disproportionately affecting older adults.
- Sentiment: -0.9
- New York Post @ 2024-08-31 19:15:09 EDT Read More
Officials sound alarms as crypto mines threaten to crash US state power grids: 'It can't be the Wild Wild West'
Summary: Bitcoin mining operations in Texas, which involve massive energy consumption, are straining the state's power grid, contributing to air and noise pollution, and driving up energy costs for residents. The energy demand from these mines is expected to nearly double by 2030.
- Sentiment: -0.9
- thecooldown @ 2024-08-31 22:00:00 EDT Read More
Crypto Hacks and Scams Cost $300 Million in August
Summary: Flash loan attacks resulted in losses of approximately $1.2 million, with one incident accounting for nearly all of that amount.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-09-01 00:30:08 EDT Read More
Bitcoin faces September price volatility.
2024-08-31 02:05:00 EDT, Sentiment: 0.58
Bitcoin faces potential September downturn, influenced by low exchange reserves, government crypto sell-offs, and key economic data.
Crypto Market Faces Turbulence as Bitcoin, Ethereum, and Dogecoin in Red
Summary: Bitcoin is struggling to regain the $60,000 level, facing significant resistance. Traders are closely watching this level as critical for Bitcoin's future movement, with some predicting a potential decline to $53,000 to $54,000 if the resistance isn't overcome.
- Sentiment: -0.45
- PanAsiaBiz @ 2024-08-31 02:44:41 EDT Read More
Bitcoin Accumulation Grows Amid Predictions of Q4 Price Surge
Summary: Bitcoin (BTC) has shown strong fourth-quarter performance historically, with a significant surge in 2023. For 2024, market conditions, technical indicators, and resistance levels suggest potential for another Q4 rally, with predictions of a rise to $87,000 if key resistance is breached.
- Sentiment: 0.3
- SFC Today @ 2024-08-31 02:44:41 EDT Read More
Here Are Major Events in September That Might Affect Bitcoin and Crypto Prices
Summary: Bitcoin’s price fell below $60k, and September historically brings market challenges. Key events include potential Federal Reserve interest rate cuts and the impact of Binance CEO Changpeng Zhao’s potential release, which could influence Bitcoin and crypto market trends.
- Sentiment: -0.2
- CaptainAltcoin @ 2024-08-31 02:08:48 EDT Read More
Bitcoin Price Prediction: BTC Breaks $59K As Investors Rush To Buy This SOL Token With Time Running Out
Summary: Bitcoin trades at $59,242 amid a 26% rise in trading volume. Despite bullish attempts, it remains bearish in a descending triangle pattern, below 50-day and 200-day SMAs. Key resistance is at $64,130, with potential support at $55,000.
- Sentiment: -0.6
- Inside Bitcoins @ 2024-08-31 02:05:00 EDT Read More
Bitcoin Dominance on the Rise For 600 Days: Could an Altcoin Season Be Near?
Summary: Bitcoin's dominance has been increasing for over 600 days, currently at 57.32%, while altcoins have been in a downtrend for over 150 days. A significant drop in Bitcoin’s dominance could trigger an altcoin season, leading to potential gains for altcoins.
- Sentiment: 0.1
- Coinpedia @ 2024-08-31 03:46:23 EDT Read More
Bitcoin Price Prediction: Is the Next Bull Run About to Hit $1 Million?
Summary: Jack Mallers, CEO of Strike, predicts Bitcoin could soar to $1 million due to central banks' potential money printing and economic instability. Despite ETF outflows, global Bitcoin accumulation is strong, with key factors like market activity and potential political changes driving future value.
- Sentiment: 0.3
- Coinpedia @ 2024-08-31 03:41:50 EDT Read More
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
Summary: A crypto analyst warns that Bitcoin must stay above $57700 to maintain its uptrend and avoid a critical drop below $56000.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-31 03:21:07 EDT Read More
Bitcoin Exchange Reserves Hit Yearly Lows: What It Means for Future Price Movements
Summary: Bitcoin reserves on exchanges have hit their lowest point for 2024, reducing liquidity and potentially leading to higher prices if demand increases. This decline reflects a shift towards self-custody solutions, which may signal a bullish trend for Bitcoin.
- Sentiment: 0.7
- The Currency analytics @ 2024-08-31 02:28:30 EDT Read More
Investor Anthony Pompliano Says Bitcoin To Start To ‘Pick Up’ After Sideways Summer – Here’s His Timeline
Summary: Anthony Pompliano predicts a bullish phase for Bitcoin (BTC) could begin soon, citing a historical pattern of price increases from late Q3 into Q4. Currently trading at $59,308, Bitcoin's recent sideways movement is attributed to reduced summer activity.
- Sentiment: 0.1
- The Daily Hodl @ 2024-08-31 03:05:07 EDT Read More
No ‘Bitcoin strategy’ for Dell yet, despite CEO’s perceived public support
Summary: Dell Technologies did not include Bitcoin (BTC) in its Q2 holdings, disappointing the crypto community despite CEO Michael Dell's prior public support. AI drove the firm's Q2 earnings, contrasting with the high BTC ranking in a recent poll.
- Sentiment: -0.4
- AMBCrypto @ 2024-08-31 03:00:04 EDT Read More
Bitcoin Rebounds from Ark Invest’s $100 Million Sell-Off: Market Dynamics Unveiled
Summary: Ark Invest’s $100 million Bitcoin sell-off caused a sharp price drop to $57,866, but Bitcoin quickly rebounded above $60,000. This highlights Bitcoin's resilience and suggests that while large transactions can cause short-term volatility, they do not necessarily indicate a long-term decline.
- Sentiment: 0.4
- The Currency analytics @ 2024-08-31 04:20:37 EDT Read More
This Is How Bitcoin (BTC) Could Resume its Bull Run and Chart New ATH
Summary: Despite reaching a new all-time high in March 2024, Bitcoin has struggled to sustain momentum toward the $100,000 target. Factors affecting this include market sentiment, regulatory developments, and adoption levels, with potential improvement dependent on economic conditions and investor confidence.
- Sentiment: -0.3
- CryptoPotato @ 2024-08-31 04:16:35 EDT Read More
Bitcoin Market Indicator Signals Bear Phase Amid Major Exchange Outflows
Summary: The Bitcoin market cycle indicator is in a bear phase, and if Bitcoin falls below $56,000, a larger correction could follow. Despite a $2.40 billion drop in exchange supply and strong buying pressure, Bitcoin spot ETFs faced a $71 million net outflow.
- Sentiment: 0.1
- The Merkle News @ 2024-08-31 04:12:41 EDT Read More
If Bitcoin Stays Above $60K, These Altcoins Will Drive Above 30% Gains.
Summary: Bitcoin (BTC) is struggling to stay above $60K due to global market distractions, ETF outflows, and negative fundamentals. If it can maintain this level, it could trigger a market shift and positively impact potential altcoins.
- Sentiment: 0.03
- Coinpedia @ 2024-08-31 04:09:19 EDT Read More
Crypto News Today: Bitcoin Supply Crisis and Ethereum ETF Boom How These Trends Will Shape the Market!
Summary: Bitcoin's dropping presence on exchanges signals a potential price rally, with only 2.62 million BTC left, indicating a long-term bullish sentiment as investors move assets to cold storage. Analysts predict Bitcoin may surpass $60,000 by Q4 2024.
- Sentiment: 0.7
- Coinpedia @ 2024-08-31 04:06:08 EDT Read More
Prediction: This Will Be Bitcoin's Next Big Move
Summary: Bitcoin is currently down 11% over the past 30 days and has fallen below $60,000, largely due to slowing inflows into new spot Bitcoin ETFs and investor caution. However, a potential rebound to $100,000 by year-end is anticipated if ETF inflows and sentiment improve.
- Sentiment: 0.1
- The Motley Fool @ 2024-08-31 05:50:07 EDT Read More
Here’s Shiba Inu Price if Bitcoin Hits $325K or $777K and Ethereum Hits $22K or $100K
Summary: Bitcoin’s potential surge to $325,000 or $777,000 would drive Shiba Inu’s price to $0.00007694 or $0.00018396 respectively, due to Shiba Inu’s 82% correlation with Bitcoin.
- Sentiment: 0.1
- The Crypto Basic @ 2024-08-31 05:34:07 EDT Read More
Trader Says Memecoin That’s Up Over 15,000% Year-to-Date Still Looks Pretty Strong, Updates Outlook on Bitcoin
Summary: Crypto analyst Altcoin Sherpa notes that Bitcoin (BTC) shows mixed signals with bearish trends on short-term charts and bullishness on the weekly chart, indicating uncertainty in the short to medium term despite favorable macro conditions.
- Sentiment: 0.7
- The Daily Hodl @ 2024-08-31 05:15:07 EDT Read More
Bitcoin down 12% in August
Summary: Bitcoin's price fell below $60K, leading to a 12% monthly decline and over $321 million in liquidations. The cryptocurrency has dropped more than 20% since its April peak. Key support now stands at $58.9K.
- Sentiment: -0.5
- FXLeaders @ 2024-08-31 05:06:07 EDT Read More
BTC TO USD – Today’s Bitcoin price in Dollar on 31 August, 2024
Summary: Bitcoin to USD exchange rate was $59023.84 on August 31, reflecting the cryptocurrency market's dynamic nature where investors monitor fluctuations for informed decisions regarding Bitcoin transactions.
- Sentiment: 0.0
- BOL News @ 2024-08-31 06:44:40 EDT Read More
BTC TO PKR – Today’s Bitcoin price in Pakistan on August 31, 2024
Summary: As of August 31, 2024, the exchange rate for Bitcoin (BTC) is 16,449,057.71 Pakistani Rupees (PKR).
- Sentiment: 0.0
- BOL News @ 2024-08-31 06:45:21 EDT Read More
Elon Musk’s Dire Warning: Can Bitcoin Be the Safe Haven Amid U.S. Economic Turmoil?
Summary: Elon Musk’s warning about rising U.S. national debt and inflation concerns has spurred interest in Bitcoin as a hedge against economic instability. Bitcoin briefly surged to $59,000 amid these uncertainties, highlighting its appeal as a safe-haven asset.
- Sentiment: -0.4
- Coinpedia @ 2024-08-31 06:19:02 EDT Read More
Expecting Bitcoin Price Volatility During the Fed’s September FOMC Meeting — Preparation Strategies
Summary: Bitcoin's recent 11% decline and resistance at $62,000 reflect market uncertainty, influenced by macroeconomic factors and regulatory concerns. Anticipated Federal Reserve interest rate cuts could impact Bitcoin's performance, while regulatory issues and market volatility add complexity to investment strategies.
- Sentiment: -0.1
- Coinrevolution @ 2024-08-31 06:13:37 EDT Read More
Bitcoin: U.S inflation holds steady, but will rising Fed rate cut odds help BTC?
Summary: Despite steady U.S. inflation and increased odds of a Fed rate cut in September, Bitcoin’s price remains subdued and range-bound between $58k and $65k, with limited impact from macroeconomic news and ongoing weak sentiment.
- Sentiment: 0.1
- AMBCrypto @ 2024-08-31 06:00:42 EDT Read More
This Week in Coins: Bitcoin Leads Parade of Red, Toncoin Down Bad
Summary: It was a waterfall of red, spilling down from the top of the cryptocurrency charts this week. The price of Bitcoin rolled into the weekend at $59,297,...
- Sentiment: 0.0
- Decrypt @ 2024-08-31 06:01:07 EDT Read More
Is Bitcoin Still a Safe Bet? Michael Saylor’s Latest Statement Could Surprise You!
Summary: Michael Saylor, chairman of MicroStrategy, emphasized that Bitcoin’s success is due to its calculated, mathematical foundation, not randomness. He highlighted key figures like Bitcoin’s halving schedule and limited supply, underscoring his confidence in Bitcoin’s future despite recent price fluctuations.
- Sentiment: 0.7
- Coinpedia @ 2024-08-31 07:44:28 EDT Read More
Bitcoin Poised for Parabolic Surge as Analysts Predict Major Breakout Ahead
Summary: Bitcoin is nearing the end of its consolidation phase, with analyst Rekt Capital predicting a parabolic rise akin to post-halving patterns from 2016 and 2020, potentially surging by late September or early October, boosted by favorable macroeconomic conditions.
- Sentiment: 0.85
- The Currency analytics @ 2024-08-31 07:08:23 EDT Read More
Bitcoin Demand in the US is Increasing, But There’s a Catch
Summary: In the U.S., Bitcoin (BTC) demand surged following Jerome Powell's comments, reflected in a rise in the Coinbase Premium and Open Interest. Despite a 6% price increase, overall Bitcoin demand growth remains negative, showing limited broad market engagement.
- Sentiment: 0.2
- CryptoPotato @ 2024-08-31 07:13:50 EDT Read More
Will Bitcoin (BTC) Price Rebound in September?
Summary: Bitcoin surged over 6% on August 23 due to Federal Reserve Chair Jerome Powell's hint at interest rate cuts but experienced a significant drop on August 28 as part of a broader crypto selloff. Despite volatility, BTC market dominance rose, signaling potential for recovery.
- Sentiment: 0.15
- U.Today @ 2024-08-31 07:00:00 EDT Read More
‘Get Ready’—Coinbase CEO Reveals Mind-Blowing AI Update That Could Be A Bitcoin And Crypto Price Game-Changer
Summary: The bitcoin price has dropped to around $60,000 from over $70,000 in March, with Coinbase's CEO predicting AI-driven crypto transactions could revolutionize the market. The Federal Reserve's actions might influence future momentum.
- Sentiment: 0.2
- Forbes @ 2024-08-31 07:30:08 EDT Read More
Bitcoin Dogs price has retreated but the comeback could be epic
Summary: Bitcoin Dogs has recorded a significant drop in its price since hitting the public shelves about ten days ago. As at the time ...
- Sentiment: 0.65
- Invezz @ 2024-08-31 07:00:08 EDT Read More
What is Going On in the Crypto Market Today Update
Summary: $15 billion Bitcoin sell-off could be imminent as the U.S. government might sell 203,000 BTC, and 46,000 BTC may be released from the defunct Mt. Gox exchange, potentially increasing market volatility and selling pressure in September.
- Sentiment: 0.0
- coingabbar @ 2024-08-31 05:33:50 EDT Read More
What impact can the US election have on crypto markets?
Summary: Bitcoin's highs and approval of spot Bitcoin and Ether ETFs in the U.S. mark significant steps toward mainstream acceptance, influencing election dynamics as Gen Z and Millennials push for crypto-friendly policies, shaping future regulatory environments and market growth.
- Sentiment: 0.42
- Indiatimes @ 2024-08-31 03:08:00 EDT Read More
Bitcoin’s Future: Expert Reveals Why Now Might Be the Perfect Time to Invest
Summary: Despite a recent dip, expert analysis suggests Bitcoin might be set for a significant rebound. Indicators such as the Rainbow Chart, RSI, and 200-Week Moving Average Heatmap show Bitcoin as undervalued with potential for future growth, presenting a buying opportunity.
- Sentiment: 0.2
- The Currency analytics @ 2024-08-31 08:04:39 EDT Read More
HNT, TRX, and AAVE defy Bitcoin’s slide with strong August gains
Summary: Helium, Tron, and Aave posted impressive gains in August, outshining Bitcoin and the broader crypto market downturn.
- Sentiment: 0.0
- Invezz @ 2024-08-31 08:11:12 EDT Read More
Bitcoin Braces For Potential September Downturn; Matrixport Highlights Key Risks
Summary: Bitcoin investors are warned by Matrixport of potential declines in September due to historical trends and various risk factors. Key influences include the US tech sector's outlook, Federal Reserve decisions, and the upcoming presidential debates, all impacting Bitcoin’s price performance.
- Sentiment: -0.3
- BeInCrypto @ 2024-08-31 08:00:00 EDT Read More
Bitcoin Faces Setback: Retreats From $65K As Market Awaits Key Economic Data
Summary: Bitcoin has pulled back from a high of $65,000 to the $58,000-$60,000 range. Spot ETFs, including BlackRock's, have experienced consecutive outflows, signaling potential market uncertainty. Bitcoin remains in a narrow range, awaiting the impact of upcoming U.S. economic data.
- Sentiment: -0.1
- TronWeekly @ 2024-08-31 08:00:00 EDT Read More
Michael Saylor Introduces Bitcoin24: A New Tool For Predicting Bitcoin's Future
Summary: Michael Saylor has launched Bitcoin24, an open-source tool predicting Bitcoin's growth over 21 years, aiding individuals, companies, and governments in Bitcoin strategy. Despite market fluctuations, MicroStrategy's investment in 226,500 BTC has resulted in significant unrealized profit.
- Sentiment: 0.7
- Bitcoinik @ 2024-08-31 09:50:26 EDT Read More
This will be Bitcoin's next big move - THE BHARAT EXPRESS NEWS
Summary: Bitcoin, despite steep drops in August, remains up 40% for the year. Investor sentiment and ETF inflows are crucial for Bitcoin's recovery to $100,000, with Bitcoin halving potentially sparking a bull market by late October.
- Sentiment: 0.1
- [email protected] @ 2024-08-31 09:43:19 EDT Read More
Chart Patterns Suggest Bitcoin Price Could Smash $100K in Q1 2025
Summary: A crypto expert identified an inverted head and shoulders pattern in the Bitcoin chart, signaling a potential uptrend. This pattern suggests Bitcoin could reach a new all-time high by Q4 2024 and $100,000 by Q1 2025.
- Sentiment: 0.3
- Coinpedia @ 2024-08-31 09:34:50 EDT Read More
Bitcoin Faces New Selling Pressure: How Mt. Gox and US Government Could Shake Up the Market
Summary: Upcoming selling pressure from Mt. Gox and the US government, holding nearly $15 billion worth of Bitcoin, could significantly impact Bitcoin's market. Analysts suggest historical trends and liquidity concerns may exacerbate price drops, potentially leading to a bearish trend in September.
- Sentiment: -0.4
- The Currency analytics @ 2024-08-31 09:28:03 EDT Read More
Bitcoin’s September Performance Depends on Hitting ‘Higher High’ After Dip Below $58K
Summary: Bitcoin must achieve a higher high above $58,000 to confirm its bullish trend following its recent dip. Experts emphasize the significance of maintaining above $57.7K, while some suggest a fall to the $40,000 range for a stronger bull market entry.
- Sentiment: 0.2
- EconoTimes @ 2024-08-31 10:47:24 EDT Read More
Bitcoin to Resume Its Bull Run, To Reach $100,000 by End Of 2024
Summary: Bitcoin is currently trading at $58,872.26, facing a decline due to macroeconomic pressures and decreased network activity. Despite recent drops, experts predict a potential rise past $60,000 by the end of 2024 if it maintains support levels and broader adoption improves.
- Sentiment: 0.2
- Coinfomania @ 2024-08-31 10:44:27 EDT Read More
Bitcoin Faces $33 Billion Supply Overhang Amid Concerns of Government Crypto Sell-Offs
Summary: Bitcoin's liquidity is under strain, with a $33 billion supply overhang predicted due to potential government sell-offs. Holdings by the US, China, the UK, and Ukraine may fuel selling pressure, contributing to recent Bitcoin market volatility and an 8% price decline.
- Sentiment: -0.7
- EconoTimes @ 2024-08-31 10:12:42 EDT Read More
Bitcoin: Coinbase On Track To Dominate The Market With CbBTC
Summary: Coinbase announced cbBTC, a wrapped Bitcoin token on Ethereum, designed for its Base layer 2 blockchain. cbBTC, backed by real Bitcoin, competes with BitGo’s wBTC and aims to offer more transparency and security, leveraging Coinbase's reputation.
- Sentiment: 0.3
- Cointribune @ 2024-08-31 10:15:00 EDT Read More
Bitcoin Consolidates Below $60K as $2.4B Worth of Bitcoin Leaves Exchanges - Will History Repeat as BTC Resembles 2017 Pattern?
Summary: Bitcoin is trading at $59,189.30 with a recent dip but shows potential for a bullish breakout. A resistance level at $68K is crucial; breaching it could signal a substantial rally. Increased large investor buying and positive technical indicators suggest a possible future surge.
- Sentiment: 0.2
- Analytics Insight @ 2024-08-31 10:07:45 EDT Read More
Here’s How Bitcoin’s Price Can Surge to $81K Soon, According to Senior Bloomberg Strategist
Summary: Bitcoin’s price fell below $60,000 after briefly surpassing $65,000, with Bloomberg’s McGlone suggesting a bearish outlook. He argues that the Bitcoin-to-S&P 500 ratio shows weakness and indicates potential underpricing, though it might still rally if historical trends hold.
- Sentiment: -0.2
- CryptoPotato @ 2024-08-31 10:05:00 EDT Read More
Bitcoin Faces $33 Billion Supply Overhang Amid Concerns of Government Crypto Sell-Offs
Summary: Bitcoin's liquidity is under strain due to potential governmental sales of crypto reserves, coupled with a $33 billion supply overhang. This could lead to significant selling pressure from major holders like the US, China, the UK, and Ukraine.
- Sentiment: -0.6
- EconoTimes @ 2024-08-31 10:12:42 EDT Read More
Bitcoin: Falling Wedge & Election Year Fuel Bullish Momentum
Summary: Bitcoin is experiencing volatility near $60,000, with a falling wedge pattern suggesting potential bullish breakout despite historical bearish trends in September. Analysts anticipate minimal movement before October, with predictions indicating a possible price surge to $101,026 by November 2024.
- Sentiment: 0.02
- CryptoNewsZ @ 2024-08-31 11:57:00 EDT Read More
Altcoins Could Do Well if Republicans Win, Bitcoin the Safe Bet if Democrats Retake White House: Alex Krüger
Summary: If Kamala Harris wins the US presidential election, Bitcoin (BTC) is expected to be the top performer in the crypto market, as economist Alex Krüger predicts BTC will outperform other assets compared to altcoins under a Democratic administration.
- Sentiment: 0.1
- The Daily Hodl @ 2024-08-31 11:57:07 EDT Read More
Long bear market alert if Bitcoin stays under this key price level
Summary: Bitcoin struggles to break the $60,000 mark, with concerns rising over a potential long-term bear market if it remains below the $66,000 "warm supply realized price." Analysts suggest monitoring this metric for future price trends and investor confidence.
- Sentiment: -0.4
- Finbold @ 2024-08-31 11:13:58 EDT Read More
Floki Trades Red But Raboo Pumps As Bitcoin Holders Rush In Before Stage 4 Ends
Summary: Bitcoin's recent price dip has triggered concerns among investors as BTC enters bearish territory; it must surpass $65,000 to regain bullish momentum, with hopes pinned on historically strong market performance in October and November.
- Sentiment: 0.1
- NullTX @ 2024-08-31 11:12:21 EDT Read More
Trump Remarks on Crypto Sparks Bullish Reversal in Bitcoin and Ethereum; Intel Markets Follow With $180,000 Raised
Summary: Donald Trump announced a plan to make the US the "crypto capital of the planet," promising to overturn regulations limiting cryptocurrency firms, igniting optimism in the crypto market. Bitcoin (BTC) may see a bullish reversal, according to analysts.
- Sentiment: 0.75
- NullTX @ 2024-08-31 11:06:46 EDT Read More
Bitcoin – Identifying the odds of a new rally after BTC hit THIS critical level
Summary: Bitcoin's price dropped over 8% in the past week, but key metrics suggest potential bullish momentum. The NVT ratio indicates Bitcoin is undervalued, and strong buying pressure signals from past data might suggest a trend reversal could be imminent.
- Sentiment: 0.2
- AMBCrypto @ 2024-08-31 11:00:54 EDT Read More
MicroStrategy: A Vote On The Uncertain Future Of BTC
Summary: MicroStrategy focuses on accumulating Bitcoin (BTC) and supporting its mainstream use. Despite a significant market cap premium over its BTC holdings, the company’s long-term value hinges on BTC’s appreciation and its ability to generate positive BTC yield.
- Sentiment: 0.2
- Seeking Alpha @ 2024-08-31 12:30:00 EDT Read More
Next cryptocurrencies to explode in 2024 as Bitcoin price eyes $100k
Summary: Bitcoin is preparing for a potential surge to $100,000, exceeding its previous all-time high of $73,000, signaling optimism for significant growth in 2024.
- Sentiment: 0.8
- Indiatimes @ 2024-08-31 12:17:00 EDT Read More
Bitcoin (BTC) Will Increasingly Be Adopted By Publicly-Listed Firms, Research Study Claims
Summary: Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its ...
- Sentiment: 0.0
- Crowdfund Insider @ 2024-08-31 09:00:19 EDT Read More
Bitcoin Price Dips With Whale Dump! Crucial September For BTC?
Summary: Bitcoin's price has dropped 8.86% over the past week, failing to maintain above $60,000 and struggling to break resistance at $62,000. Technical indicators suggest a potential decline, with BTC possibly falling to $55,000 if bearish trends continue.
- Sentiment: -0.5
- Coinpedia @ 2024-08-31 13:30:00 EDT Read More
Will the ‘September Effect’ impact Bitcoin price this year?
Summary: Bitcoin's historical performance in September shows a tendency for negative returns, with an average monthly loss of -4.78% and a median of -5.58%. The "September Effect" remains a concern, but past positive Septembers indicate potential for unexpected gains.
- Sentiment: -0.3
- Finbold @ 2024-08-31 13:14:46 EDT Read More
Bitcoin (BTC) and Ethereum (ETH) Price Prediction For September 2024
Summary: The anticipated Federal Reserve rate cut in September 2024 and pro-crypto US presidential candidates are expected to boost Bitcoin's price by increasing market liquidity and institutional interest, potentially leading to significant price movements and a bullish trend for BTC.
- Sentiment: 0.6
- CoinChapter @ 2024-08-31 13:07:11 EDT Read More
From A Stay-At-Home Mom To Millionaire: How One Woman's Bitcoin Success Led Her To This $0.01831 Crypto Presale
Summary: Tina Rodriguez, who made $2 million from early Bitcoin (BTC) investments, is now investing in ETFSwap (ETFS) presales, forecasting similar success. This shift is impacting BTC trading, which has fallen by 2.58% as investors seek ETFSwap's potential 100x returns.
- Sentiment: 0.85
- Finbold @ 2024-08-31 13:00:00 EDT Read More
Bitcoin Long-Term Holders Command Over 70% of Supply Amidst Market Turbulence
Summary: Long-term Bitcoin holders now control over 70% of the total circulating supply, amounting to 14 million BTC. This dominance suggests increased market stability, as long-term holders tend to retain their assets through volatility, contrasting the behavior of short-term traders.
- Sentiment: 0.8
- The Currency analytics @ 2024-08-31 14:48:09 EDT Read More
Bitcoin Millionaires Surge by 111% as Crypto Wealth Expands Globally
Summary: The number of Bitcoin ($BTC) millionaires surged 111% over the past year, reaching 85,400. This significant increase highlights Bitcoin's continued relevance and dominance in the cryptocurrency market, which has seen substantial growth in value and investor interest.
- Sentiment: 0.8
- BlockchainReporter @ 2024-08-31 14:00:00 EDT Read More
Block Scholes and Bybit Report Highlights Stability in Crypto Derivatives
Summary: A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence.
- Sentiment: 0.45
- Bitcoin.com News @ 2024-08-31 15:31:08 EDT Read More
Bitcoin’s High-Stakes September: Bearish Curse or Bullish Rise?
Summary: Bitcoin faces resistance at $60000, raising concerns about a long-term bear market. Stay updated on the latest Bitcoin news and trends at DailyCoin.
- Sentiment: 0.3
- DailyCoin @ 2024-08-31 15:00:08 EDT Read More
How Much Will Shiba Inu (SHIB) Be Worth in 2025 If Bitcoin Price Hits $100K?
Summary: Bitcoin is consolidating between $55,000 and $70,000, with predictions that it could reach $100,000 by late 2024 or 2025. This potential surge could significantly influence altcoin markets, including Shiba Inu, affecting its future value and market dynamics.
- Sentiment: 0.6
- CaptainAltcoin @ 2024-08-31 16:45:00 EDT Read More
UBS Predicts Further Weakening of US Dollar – Economics Bitcoin News
Summary: UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials and ongoing U.S. fiscal deficit concerns.
- Sentiment: 0.3
- Bitcoin.com News @ 2024-08-31 16:40:07 EDT Read More
Important Bitcoin (BTC) $100,000 Reminder Issued by Samson Mow, Hold Tight
Summary: Samson Mow, CEO of JAN3, claims Bitcoin's price is being artificially held below $100,000 and believes surpassing its all-time high of $73,750 will trigger a demand shock, propelling BTC above $100,000 and eventually to $1,000,000.
- Sentiment: 0.7
- U.Today @ 2024-08-31 16:00:00 EDT Read More
Analyst predicts Bitcoin price of $87,000 – Odd News
Summary: Bitcoin could reach $87,000 by 2025, as suggested by the Power Law Corridor. However, it must first overcome the $59,600 resistance. A potential breakout is not expected until Q4 2023, with analysts predicting volatility ahead.
- Sentiment: 0.2
- NewsLite @ 2024-08-31 16:07:07 EDT Read More
Bitcoin’s September predictions – Will 2024 be any different?
Summary: Bitcoin shows weakening demand ahead of September, a historically bearish month, as key metrics indicate bearish dominance. Despite potential bullish catalysts like possible U.S. interest rate cuts and positive macroeconomic factors, BTC's price may continue to struggle short-term.
- Sentiment: -0.3
- AMBCrypto @ 2024-08-31 16:00:01 EDT Read More
South Korea's Bitcoin Premium Persists Amid Market Volatility
Summary: Interestingly, bitcoin (BTC) has consistently traded at a premium in South Korea since Oct. 30, 2023, dipping into the negative just once.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-31 17:55:06 EDT Read More
Bitcoin to Bottom Out if Donald Trump Loses U.S. Election: Bernstein Research
Summary: Bitcoin may bottom out if Trump loses the 2024 Presidential election, with Bernstein Research suggesting a significant impact in 2025 due to systemic financial issues regardless of the election outcome.
- Sentiment: 0.2
- ZyCrypto @ 2024-08-31 17:53:10 EDT Read More
Pundit Envisions Bitcoin’s Rise To $150,000 Before Year-End
Summary: Jamie Coutts predicts Bitcoin could reach $150,000 by the end of 2024, citing historical patterns and current market conditions. However, some analysts, like Alan Santana and CryptoQuant, caution about potential price corrections and market uncertainties.
- Sentiment: 0.12
- ZyCrypto @ 2024-08-31 17:36:37 EDT Read More
Crypto bull market fuels creation of 88K millionaires, six billionaires in 2024 - report
Summary: Bitcoin reached a new record high of $73.8K in March 2024, driven by U.S. spot bitcoin ETFs, creating six new billionaires and increasing millionaires by 95%, though it later traded 16%-23% off its highs.
- Sentiment: 0.8
- Seeking Alpha @ 2024-08-31 16:14:00 EDT Read More
Crypto Millionaires Double in 2024, Opportunities Amid Market Dip
Summary: The number of Bitcoin millionaires who hold only BTC increased by 111% to 85,400 as of June 2024, while Bitcoin centi-millionaires and billionaires rose by 100% and 83% respectively, reflecting significant wealth generation potential amid a market downturn.
- Sentiment: 0.2
- Coinpedia @ 2024-08-31 17:55:41 EDT Read More
Bitcoin’s SOPR hits 1, but what does that mean for traders like you?
Summary: BTC's long-term holder SOPR hit 1, indicating many traders sold at break-even, signaling market caution. Price action within a broadening wedge pattern suggests potential dips to $53k before a possible upturn, with accumulation continuing amidst skepticism.
- Sentiment: 0.2
- AMBCrypto @ 2024-08-31 19:00:34 EDT Read More
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates – Markets and Prices Bitcoin News
Summary: Bitmex co-founder Arthur Hayes is optimistic about bitcoin's future due to recent interest rate cuts by central banks.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-31 20:35:07 EDT Read More
What Should Investors Expect From Bitcoin (BTC) in September
Summary: Bitcoin's price in September is predicted to remain under $68,300 amid bearish conditions, but factors like potential Federal Reserve rate cuts and investor accumulation could drive a 22% rise, possibly reaching an all-time high above $73,800.
- Sentiment: -0.2
- BeInCrypto @ 2024-08-31 19:55:00 EDT Read More
Bitcoin in trouble, but zooming out is important – Odd News
Summary: Bitcoin, after hitting an all-time high of $73,800 in March 2024, has since declined to around $60,000. Despite this downturn, historical performance suggests Bitcoin remains "on track," with potential bullish indicators as central banks cut interest rates.
- Sentiment: 0.1
- NewsLite @ 2024-08-31 21:07:06 EDT Read More
Analysts Think A Bitcoin Surge Is Underway, But This Altcoin Is The Real Deal
Summary: Analysts predict Bitcoin (BTC) could surpass $100,000, driven by institutional adoption and favorable economic conditions. Currently trading at $59,108.20 as of August 27, 2024, Bitcoin’s recent surge has captured global attention, signaling imminent growth.
- Sentiment: 0.8
- Coinpedia @ 2024-08-31 23:23:13 EDT Read More
Bitcoin – Here’s what you should expect IF BTC falls below $56K again
Summary: Bitcoin has dropped over 7% in the past week, trading at $59,129. Analysts, including Cryptoquant's Julio Moreno, warn that if BTC falls below $56,000, it could face significant corrections worsened by bearish market indicators and selling pressure.
- Sentiment: -0.5
- AMBCrypto @ 2024-08-31 23:00:35 EDT Read More
Bitcoin onchain indicator signals $58.5K price near 'favorable' buy level
Summary: According to a CryptoQuant contributor, Bitcoin's Puell Multiple is "fluctuating" between two key levels, but a slight drop could signal a buying...
- Sentiment: 0.3
- Cointelegraph @ 2024-09-01 01:52:09 EDT Read More