Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low

Quick Take The pound has been in a long-term decline since the 70s.

The post Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low appeared first on CryptoSlate.

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Bitcoin Recovers Above $17,000, Why This Could Be A Bull Trap

Bitcoin is on another recovery path after suffering one of the worst declines of 2022. The digital asset had hit a low of $15,500 before bouncing back up, all of this happening in response to the decline of FTX, the second-largest crypto exchange by trading volume.

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CEXs reserve plunges; hits lowest level since 2018

Following the FTX crash, Crypto Centralized Exchanges(CEXs), are at their all-time low since November 2018. FTX crisis floors centralized exchanges In the wake of the FTX crisis affecting several crypto projects, Centralized exchanges have experienced a massive decline, spiraling to…

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Dogecoin Co-Founder Predicts Bitcoin Will Hit $100,000

The largest cryptocurrency, Bitcoin, has suffered a 5% decline from its $20,000 level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its three-month low, shooting above $21,000.

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Why is Bitcoin price down today?

Bitcoin price is down, trading at a new yearly low, but what are the primary reasons behind the most recent decline?

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FTX token slides further after damaging reports. Are we set for a new low?

FTX token (FTT/USD) slid 1. 23% on Monday, marking a 12% decline in the past week. The decline comes amid a dampened sentiment around the token on the latest cryptocurrency news. As CoinJournal reported, FTX was a victim of accelerated fund withdrawals.

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Bitcoin Declines Slightly As Short-Term Holders Take Profits

After surging to as high as $20. 9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem to be using the latest price rise for profit taking.

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Google Search for Bitcoin Declines Alarmingly, Analyst Still Bullish

Google searches for Bitcoin just reached a two-year low indicating an alarming decline in interest in the patron cryptocurrency

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ETH active addresses drop to 4-month low; is capitulation event in sight

Since the merge, the count of trades on the Ethereum [ETH] network has been plagued by decline, new data from Santiment revealed. According to the blockchain analytics platform, the count of dailyThe post ETH active addresses drop to 4-month low; is capitulation event in sight appeared first on AMBCrypto.

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Bitcoin Supply In Profit Continues Decline, But Still Not At Historical Bottom Zone

Data shows the Bitcoin supply in profit has continued its decline, but the metric has still not reached levels as low as the previous bear market bottoms. Around 50% Of The Bitcoin Supply Is In Profit At The Moment According to the latest weekly report from Glassnode, the current profitability levels in the BTC market are still above the 40%-42% values that were observed during historical bottoms.

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Cardano TVL Plummets To 8 Month Low, No Vasil Hardfork Positive Effect

Cardano has suffered a significant drop in its total staked volume since its March 2022 peak. The proof-of-stake blockchain has lost over 76% of its total value locked in the past eight months. The decline is alarming, given the decentralized crypto project’s recent Vasil hardfork.

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Bitcoin profitability for long-term holders declines to 4-year low: Data

The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle.

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TA: Bitcoin Price Trims Gains, Why BTC Could Dive To New Monthly Low

Bitcoin failed to stay above the $20,000 resistance against the US Dollar. BTC is sliding and might even break the $18,250 support zone. Bitcoin failed to stay above the $20,000 resistance and started a fresh decline.

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Are Bitcoin short-term holders responsible for current market downturn

Bitcoin's [BTC] decline to the $18,500 price region marked the second-lowest low of the bear cycle. As per Glassnode's latest report, 11.8% of the coin’s supply has been turned into an unrealized loThe post Are Bitcoin short-term holders responsible for current market downturn appeared first on AMBCrypto.

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Bitcoin On-Chain Activity Picks Up Despite Downtrend

Bitcoin is currently trading below $19,000 after marking a new two-month low for the digital asset. The decline in price shows the lack of enthusiasm towards the digital asset despite being the largest in the space.

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Bored Ape Yacht Club Buyers Drop Off By 90% to 16-Month Low

Bored Ape Yacht Club saw a significant decline in unique buyers throughout August, mostly due to decreased profitability in holding non-fungible tokens. The post Bored Ape Yacht Club Buyers Drop Off By 90% to 16-Month Low appeared first on BeInCrypto.

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Bitcoin Struggles To Stay Above $20,000 As BTC Balance On Exchanges Hits Critical Low

According to data from Santiment, the total number of BTC sitting on exchanges is down to just 1.74M marking a systematic decline of over 40% since March 2020.

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Synthetix Trading Volume Reaches New Low Tumbling More Than $800 Million

Synthetix plunged in volume during July due to a significant decline in trading activity across centralized and decentralized exchanges. The post Synthetix Trading Volume Reaches New Low Tumbling More Than $800 Million appeared first on BeInCrypto.

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Shibaswap Volume Crashes More Than $1.6B in Yearly Low 

Shibaswap saw a steep fall in trading volume in July due to a decline in the liquidity poured into alternate coins (altcoins) listed on the platform.  The post Shibaswap Volume Crashes More Than $1.6B in Yearly Low  appeared first on BeInCrypto.

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Ethereum: Assessing reasons behind decline in daily revenue on network

Fees paid to process transactions on the Ethereum [ETH] network are at a one-year low, data from IntoTheBlock revealed. This can be primarily attributed to the movement of transactions. These were preThe post Ethereum: Assessing reasons behind decline in daily revenue on network appeared first on AMBCrypto.

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Ethereum NFT Sales Fall Below $600 Million, Reaching 11-Month Low

Ethereum saw a steep decline in sales volume due to a lack of investor appetite for digital collectibles throughout July.  The post Ethereum NFT Sales Fall Below $600 Million, Reaching 11-Month Low appeared first on BeInCrypto.

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SushiSwap Volume Tests 2022 Low, Plunging More Than $8B

SushiSwap saw a further plunge in trading volume during July due to a decline in the demand for several altcoins listed on decentralized exchanges (DEXs).  The post SushiSwap Volume Tests 2022 Low, Plunging More Than $8B appeared first on BeInCrypto.

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Uniswap Volume Hit 2022 Low Sinking More Than $24 Billion  

Uniswap saw a further decline in trading volume during the seventh month of the year due to decreased investor interest in digital assets. The post Uniswap Volume Hit 2022 Low Sinking More Than $24 Billion   appeared first on BeInCrypto.

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NFT Global Sales Hit 2022 Low, Sinking More Than $4 Billion

NFT global sales experienced a sharp decline in volume during the seventh month of the year due to decreased investor interest in digital collectibles. The post NFT Global Sales Hit 2022 Low, Sinking More Than $4 Billion appeared first on BeInCrypto.

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Ethereum Bullish Signal: Exchange Inflows Decline To Low Values

On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as the PoS merge comes near.

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Otherside NFT Sales Slashed by More Than $900 Million to Reach 2022 Low

Otherside NFT sales have experienced a substantial decline in sales volume due to the effects of an overall bearish crypto market. The post Otherside NFT Sales Slashed by More Than $900 Million to Reach 2022 Low appeared first on BeInCrypto.

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Tezos (XTZ) Nears 3-Week High – Can Bulls Barrel Towards $1.80?

After a sharp decline in the second week of June, the price of Tezos (XTZ) rebounded from its $1. 2 low. Tuesday, despite a highly volatile market, the altcoin price reached a new all-time high, rising slowly but steadily.

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Wall Street Investors Expect Bitcoin To Hit $10,000, Is This Possible?

The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it.

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Axie Infinity Sales Hit 2022 Low, Crashing More than $120 Million

Axie Infinity saw a high decline in sales volume in June due to an overall bearish market, which led to decreased investor interest in non-fungible tokens (NFTs). The post Axie Infinity Sales Hit 2022 Low, Crashing More than $120 Million appeared first on BeInCrypto.

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Uniswap Volume Crashes More Than $25 Billion in June to 10-Month Low

Uniswap saw a steep decline in trading volume during the month of June, the lowest the decentralized exchange (DEX) has recorded since July 2021.  The post Uniswap Volume Crashes More Than $25 Billion in June to 10-Month Low appeared first on BeInCrypto.

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Bored Ape Yacht Club Sales Reach 2022 Low Sinking More than $260 Million

Bored Ape Yacht Club saw a steep decline in sales volume due to the effects of the bearish trends of the market, which grew roots in May and deepened in June. The post Bored Ape Yacht Club Sales Reach 2022 Low Sinking More than $260 Million appeared first on BeInCrypto.

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Bitcoin Stagnates As Whales Continue To Dump

Since hitting an all-time high of $69,000 in November 2021, the price of Bitcoin has been declining. The current decline resulted in a low of $17,622 in June. A long lower wick was produced by the subsequent bounce.

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Top 3 Metaverse Crypto Coins Below $2 to Buy During This Bear Market

The global cryptocurrency market is nearing its two-year low, currently valued at $856 billion. Bitcoin and Ethereum continue to struggle with bearish momentum as most crypto assets significantly decline.

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Ether Drops Below $1K, Dragged Down By BTC Slide – What’s The Next ETH Support?

The cryptocurrency market is still stunned by last week’s precipitous decline. In 10 days, Ether shed around 45 percent of its value. On the four-day chart, the Ethereum (ETH) price has now returned to the historical RSI low recorded in 2018 when the cryptocurrency traded at $81.

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Decentraland (MANA) Sees Slower Decline in Price as Bitcoin (BTC) Tumbles

Despite the ongoing market correction, Decentraland (MANA) has not broken down below its May 12 bottom and could be in the process of creating a higher low. The post Decentraland (MANA) Sees Slower Decline in Price as Bitcoin (BTC) Tumbles appeared first on BeInCrypto.

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Bitcoin Miner Revenues Stay Low As Price Decline Continues

Bitcoin miners have been one of the worse-hit following the decline in the price of the digital asset. After what can be said to be a wonderful run towards the end of 2021, the miners have now hit a rough patch where their revenues have been dropping.

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Solana TVL Sees Sharp Decline, Reaches 2022 Low

When Solana’s price hit new lows near $54, the total value locked (TVL) for the token also declined to a historical low. According to data from Defi Llama, the token’s TVL has been on a steady decline since November 2021.

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Can higher low be the next probability for The Graph (GRT) investors

The Graph (GRT) achieved a new April low on 25 April at $0.32, allowing its price to extend its monthly decline past 40%. It quickly bounced back slightly over 20% from its new monthly low. GRT’sThe post Can higher low be the next probability for The Graph (GRT) investors appeared first on AMBCrypto.

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TA: Bitcoin Resumes Downtrend, Why Upsides Remain Capped

Bitcoin failed to gain pace above $40,700 and declined against the US Dollar. BTC traded to a new weekly low and might struggle to climb above $39,200. Bitcoin started a fresh decline after it failed to clear the key $40,700 resistance zone.

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Top 3 Metaverse Crypto Coins With a Unit Price Below $3 to Watch in March 2022

Low unit price Metaverse crypto coins are popular among users looking for undervalued and underrated projects to accumulate during this crypto bear market. From years of being in crypto, my experience is, usually, the markets show a long and painful decline followed by a short bullish run where if you’re invested in the right projects, […] The post Top 3 Metaverse Crypto Coins With a Unit Price Below $3 to Watch in March 2022 appeared first on NullTX.

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Solana DApp Usage At Critical Low Levels, Causing Worry For Investors As Terra Accelerates

Solana DApp usage and deposits are on the decline, creating a source of concern for investors. On the other hand, similar smart contract-capable blockchain deposits continue to grow.

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Anthony Scaramucci Urges Bitcoin Holders To Think Long-Term As Downtrend Won’t Last

The bitcoin downtrend has no doubt rocked investors to their core. This is evidenced by the decline of the Fear & Greed Index into the extreme fear territory, reaching as low as 11 on the scale.

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Are Bitcoin Bulls Dead? BTC Funding Rate Remains Low to No Avail

Bitcoin price is struggling, currently trading around $46,000, down 33. 5% from its all-time high. Ever since hitting its ATH at $69,000 early last month, BTC has been on a constant decline. This month, every attempt of the leading cryptocurrency to rise has only sent it lower.

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Bitcoin (BTC) Price Hits a 2 Month Low on the Back of a 17% Decline

Bitcoin (BTC) recorded one of its greatest drops over the weekend. The king crypto shed off $16,000 in under two hours. Following the fall, BTC stabilized at $42,000, a two-month low. Additionally, BTC’s fall coincided with a similar one for the altcoins.

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Shiba Inu Price Continues to Trade Sideways, Robinhood and Kraken Listings Unclear

After dipping to a low of $0. 00004 on Thursday, Shiba Inu has been trading sideways at the $0. 00005 level. Moreover, we saw the trade volume decline this weekend which is a normal occurrence for crypto markets.

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Bitcoin Exchange Balances Decline To Three-Year Low Amid Rising Prices

Bitcoin exchange balances have been on the decline since the bull rally began. The volumes were expected to go up once the digital asset had hit a new all-time high in October. However, this was not the case.

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Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low

The second-largest cryptocurrency falls 13.30% versus Bitcoin's 9.38% decline as China's move scares investors away.

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TA: Bitcoin Sets New Monthly Low, What Could Trigger A Comeback

Bitcoin price extended its decline below the $40,000 level against the US Dollar. BTC is now recovering and it could climb higher if it clears the $42,500 resistance. Bitcoin settled below the $44,000 and $43,000 support levels.

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Spot Volume Fell to Lowest Level of 2021; Derivatives Continue to Gain Market Share with NFTs

The decline in volatility in July with the price of Bitcoin remaining subdued between $35k to $40k, reflected in the on-chain metrics. Total adjusted on-chain volume, as expected, took a significant drop over 29% to a seven-month low of $405 billion.

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Why setting up this trade could be worth it for XRP traders

July has been a difficult month for XRP so far. The digital asset kickstarted the month with a value of $0.70 but has since retraced to a low of $0.56. Its decline was cushioned by a defensive line ofThe post Why setting up this trade could be worth it for XRP traders appeared first on AMBCrypto.

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