Bitcoin is the world’s largest crypto market prediction, and its price has experienced significant volatility over the years. However, there is a growing belief among analysts that Bitcoin is on the cusp of another bull run. Here are four signs that suggest Bitcoin is starting its next bull run: Bitcoin accumulation One of the most bullish…
Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, recently announced that he had bought Solana (SOL) after its price had already rebounded 500% from its market bottom in December 2022. This move was seen by many as a bullish signal for Solana, which has been one of the best-performing crypto market prediction in recent months….
Bitcoin price dipped 3.5% on November 2, 2023, after the Wall Street open, as analysts warned of “overheated” Bitcoin derivatives. The largest crypto stock price had hit new 18-month highs of $35,968 on Bitstamp before consolidating, but was now trading below $35,000. What are Bitcoin derivatives? Bitcoin derivatives are financial contracts that derive their value from the…
Bitcoin, the world’s largest cryptocurrency, has seen its price drop by over 1% today, November 3, 2023, to around $35,000. This is a continuation of a recent downward trend, with Bitcoin having lost over 10% of its value in the past week. There are a number of factors that may be contributing to Bitcoin’s price…
Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up Bitcoin price dived 2% on October 6, 2023, following the release of stronger-than-expected US jobs data. The data suggests that the US economy is still strong, which could lead the Federal Reserve to raise interest rates more aggressively. Stronger US…
3 reasons why Ethereum price can’t break $2K Ethereum, the second-largest cryptocurrency by market capitalization, has been struggling to break above the $2,000 level in recent weeks. There are a number of reasons for this, including: Declining network activity: The total value locked (TVL) across the Ethereum ecosystem has been declining in recent months. This…
Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in Bitcoin bulls are looking to reclaim the $28,000 level, but a trader says a “big” buyer must step in to help them break through resistance. Bitcoin (BTC) has been hovering around the $28,000 level for the past few days, as bulls and bears…
Why is Bitcoin price down today? Bitcoin price is down today, October 13, 2023, for a number of reasons. Macroeconomic factors The global economy is facing a number of challenges, including rising inflation and interest rates. This has led to investors becoming more risk-averse, which is weighing on the price of Bitcoin. Bitcoin is often…
Uptober may be over: Bitcoin price data shows investor sentiment at 3-month low October has historically been a good month for Bitcoin, with the cryptocurrency often seeing significant price increases. However, this year may be different, as investor sentiment has reached a 3-month low. There are a number of factors that could be contributing to…
Why is the crypto market down today? The crypto market is down today, with most major cryptocurrencies trading in the red. There are a number of factors that could be contributing to the decline, including: Rising interest rates: The US Federal Reserve is expected to raise interest rates again this week, which could dampen investor…