Bitcoin (BTC) Price 'Peak Fear' May Be In: Analysts

2020-3-24 14:53

'Decoupling', i.e. losing the correlation with the plummeting stock market, has replaced 'halving' as the most crucial point of the Bitcoin (BTC) bull narrative

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Bitcoin (BTC) на Currencies.ru

$ 98241.4 (+0.74%)
Объем 24H $100.105b
Изменеия 24h: 5.05 %, 7d: 10.31 %
Cегодня L: $94006.77 - H: $98359.48
Капитализация $1943.755b Rank 1
Цена в час новости $ 6707.61 (1364.63%)

bitcoin btc replaced halving market narrative point

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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

2024-10-6 07:00