A classic ‘Rektember?’ 5 Things to know in Bitcoin this week

A classic ‘Rektember?’ 5 Things to know in Bitcoin this week
фото показано с : cointelegraph.com

2024-9-2 12:03

BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next.

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Bitcoin (BTC) на Currencies.ru

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bitcoin market every way take bearish comes

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Фото:

Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate.

2024-5-15 17:25


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate.

2024-4-30 11:32