Experts Predict Imminent Crypto Bull Run, Highlight Key Catalysts, and Brush Off Bitcoin’s 25% Slump

2024-7-10 09:08

According to analyst Lark Davis, a monumental bull run in the crypto market is imminent. He emphasizes the impact of institutional investments on market prices. For instance, the US Bitcoin ETFs propelled Bitcoin from $46K to $73K in just 64 days.

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Bitcoin (BTC) на Currencies.ru

$ 62922.06 (+0.12%)
Объем 24H $29.711b
Изменеия 24h: -1.36 %, 7d: 4.68 %
Cегодня L: $62805.05 - H: $63209.62
Капитализация $1243.142b Rank 1
Цена в час новости $ 58552.64 (7.46%)

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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Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis.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