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Bitcoin Price Crash: CoinShares Reveals The Real Reasons

As the market recovers from Bitcoin’s sudden dip below $25,000, James Butterfill, head of research at CoinShares, has weighed in on the potential underpinnings of this decline. Drawing from a meticulous analysis of market factors, Butterfill’s insights provide a more granular understanding beyond the initial speculations linking the crash to SpaceX’s financial moves. Butterfill tweeted […] дальше »

2023-8-18 11:05


The Great Bitcoin Reversal? Prominent Bull Throws In The Towel As $28,000 Barrier Falls

Since mid-July, Bitcoin (BTC), the flagship cryptocurrency, has encountered significant challenges in its price action following a remarkable climb to a new yearly high. However, in a matter of days, the market momentum shifted, leading to an uphill battle for bulls as they fought to defend critical support levels and prevent further declines.  Nevertheless, their […] дальше »

2023-8-18 03:00


Why Is Dogecoin Price Down Today?

The Dogecoin price is down around 5% in the last day following the general market crash. The meme coin which had seen improved sentiment did a quick 180 and started to bleed. However, while the Dogecoin price could only be following Bitcoin’s descent, are there other factors driving the decline? Why Is Dogecoin Price Falling? One reason that the Dogecoin price is down today is due to its proximity to Shiba Inu. дальше »

2023-8-18 02:00


Will Bitcoin Volatility Continue? These Metrics Say Yes

Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remained High As explained by an analyst in a CryptoQuant post, some metrics are forming a pattern that can lead to more volatility in the cryptocurrency’s price. дальше »

2023-8-18 01:00


Crypto market participation continues to dip

Key Takeaways Trading volume, liquidity and volatility are all falling in the crypto markets Even Bitcoin’s strong rise thus far this year has been steady and methodical rather than via sudden spikes, as in the past Bitcoin dominance is rising, uncharacteristic during periods of price increases, highlighting a potential divergence  Regulatory crackdown is suppressing market […] The post Crypto market participation continues to dip appeared first on CoinJournal. дальше »

2023-8-18 17:32