Bitcoin falls to $62k as crypto mirrors stocks crash

Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors reacted to latest economic data and geopolitical tensions in the Middle East.

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Bitcoin Cash eyes $400 amid bullish sentiment around Bitcoin 2024 conference

Bitcoin Cash has traded higher in the past 24 hours as the altcoin’s price mirrors the upside movement witnessed in the Bitcoin market. Bitcoin 2024 conference adds to bullish sentiment As BTC changes hands around $68,201 on July 27, the price of BCH hovers near $383.

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Bitcoin: Japan's Metaplanet mirrors MicroStrategy as BTC hits $65K

Metaplanet boosts BTC holdings amid price recovery, reinforcing its "Asia’s MicroStrategy" reputation. Post-announcement surge lifts Metaplanet's stock by 25.81%, marking a bold Bitcoin invesThe post Bitcoin: Japan's Metaplanet mirrors MicroStrategy as BTC hits $65K appeared first on AMBCrypto.

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Bitcoin’s hashrate plunge mirrors 2021 China ban, Hashrate Index says

Bitcoin’s price drop last week, exacerbated by German government transfers, pushed hashprice to an all-time low of $44.31/PH/day, despite a 5% downward difficulty adjustment. Last week’s Bitcoin (BTC) price drop, worsened by German government liquidations, had pushed hashprice, a metric…

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SOL and DOGE are bearish but there’s “good news”: Analyst

Solana (SOL) and Dogecoin (DOGE) are struggling with bearish pressure as the broader crypto market mirrors Bitcoin’s price decline. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is flirting with a key level while Dogecoin is trading lower…

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Spot Ethereum ETFs will legitimize crypto, lead to ETH supply crunch – Integral

The launch of spot Ethereum ETF will potentially result in a supply crunch upon launch, crypto accounting software firm Integral on June 3. The projection mirrors the sentiment around spot Bitcoin ETFs before their launch earlier this year.

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Bitcoin Mirrors 2015-2017 Bull Market as Investors Accumulate

Bitcoin’s market behavior reflects the 2015-2017 bull run, with ETF inflows and increased holdings by large wallets indicating bullish sentiment. The post Bitcoin Mirrors 2015-2017 Bull Market as Investors Accumulate appeared first on BeInCrypto.

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Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself?

Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then.

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Bitcoin Deja Vu: Indicator Mirrors Pattern That Led To 2021 Top

On-chain data suggests a Bitcoin indicator is currently mirroring the same trend that led to the top of the bull run in 2021. Bitcoin Long-Term Holder Distribution Appears To Be Ending As explained by CryptoQuant community manager Maartunn in a post on X, the BTC long-term holders are currently showcasing a trend that’s reminiscent of […]

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Bitcoin’s 280% surge from cycle lows mirrors previous bull cycles

Quick Take Since bottoming out around $15,500 in November 2022, Bitcoin’s performance has been on a consistently upward trajectory. This growth culminated in new all-time highs in March 2024, marking a staggering 280% surge from its cycle low.

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Bitcoin’s recent decline mirrors past cycle trends

Quick Take Bitcoin has undergone a correction of approximately 23% from its peak of $73,600 in March. Analyzing historical cycles can offer valuable perspectives on its current price dynamics. Glassnode data indicates that Bitcoin is presently down by 12% from its 2021 peak, established in April 2021.

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Bitcoin’s (BTC) Bullish Patterns Emerge: Is a Market Super Cycle on the Horizon? Pay Attention to These Metrics

Bitcoin’s trading pattern lately reveals a consistent sideways movement, with fluctuations between $60,000 and $72,000. This trend, as highlighted by top cryptocurrency analyst Doctor Profit via a tweet on X, mirrors historical market behaviors that have typically preceded significant price increases.

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Bitcoin Cash price surges; could Bitcoin Minetrix pump next?

Bitcoin Cash's surge mirrors broader market trends, while Bitcoin Minetrix gathers momentum amidst pre-halving anticipation. #partnercontent

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What can the past Bitcoin halving cycles tell us about its future?

Bitcoin’s current behavior mirrors its path in a previous halving cycle. What can we expect from the next halving? Following the U.S. SEC’s approval of spot ETFs on Jan. 11, Bitcoin (BTC)began a bullish streak, soaring to impressive heights.  Bitcoin…

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Solana (SOL) Bulls Charge: Is a New All-Time High Price Next?

Solana's price mirrors Bitcoin's trajectory, hinting at a new bullish cycle. Will SOL soon hit a new all-time high? The post Solana (SOL) Bulls Charge: Is a New All-Time High Price Next? appeared first on BeInCrypto.

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Shiba Inu (SHIB) Price Forecast: Will It Outperform Bitcoin?

Shiba Inu (SHIB) surged over 226% against BTC in 10 days, despite BTC's ATH. This mirrors a broader memecoin trend, hinting at their growing influence. The post Shiba Inu (SHIB) Price Forecast: Will It Outperform Bitcoin? appeared first on BeInCrypto.

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BlackRock set to launch Brazil’s first Bitcoin ETF IBIT39 on B3 exchange

BlackRock to launch Brazil’s first Bitcoin ETF IBIT39 on B3 exchange on March 1, 2024. IBIT39 mirrors Bitcoin’s performance and offers a 0. 25% management fee, reduced to 0. 12% first year.

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Bitcoin Breaks All-Time High in Japan Amid Regulatory Revolution

Bitcoin's record-breaking rise against Japanese yen mirrors significant regulatory shifts

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Bitcoin Regains $43,000 After Tether Prints 1 Billion USDT

Bitcoin's ascent past $43,000 coincides with Tether minting 1 billion USDT, part of a larger bullish crypto market trend. This rise mirrors growing investor confidence and optimistic forecasts for Bitcoin's future value.

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Sleeping Bitcoin Giants Wake Up: Pattern Mirrors 2021 Bull Run

On-chain data shows the dormant Bitcoin whales have been becoming active again recently in a fashion that’s reminiscent of the 2021 bull run. Bitcoin Whales Dormant Since 10+ Years Ago Are Waking Up In a new CryptoQuant Quicktake post, analyst Maartunn has talked about a pattern forming in Bitcoin that looks similar to what happened back in 2021, during the last bull run The indicator of interest here is the amount of Bitcoin being moved on the blockchain that was dormant since at least ten years ago before the transaction took place.

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As Bonk, Pepe, Memecoin token prices rise, Memeinator gains traction

Meme coins like Bonk, Pepe, and MEME have surged in the past few weeks. Their rally mirrors that of other coins like Bitcoin and Ethereum.   Memeinator could grow to become the next big thing in he industry.

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VeChain price prediction as VET mirrors Ethereum (ETH)

VeChain (VET) price was at $0. 023, down 5% in the past 24 hours, while Ethereum (ETH) traded near $1,940. Both altcoins have retreated from recent highs amid profit deals and as Bitcoin drops below $36k.

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Bitcoin mining difficulty hits record 65T ahead of halving, securing network further

Quick Take On Nov. 12, the Bitcoin difficulty underwent another upward adjustment of 3. 5%, marking the fifth consecutive rise in a row similar to the trend observed from February to April. Now at an unprecedented 65T, the Bitcoin difficulty mirrors the continuous surge in the hash rate.

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Ethereum Gains BlackRock’s Support: Asset Manager Registers Trust As ETH Tops $2,000

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge of 7. 4% in the past 24 hours, reaching $2,023 since April 2023.   This surge in Ethereum’s value closely mirrors the recent upward movement of Bitcoin (BTC).

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BlackRock Sparks Ethereum Spot ETF Speculation With Trust Registration in Delaware

BlackRock's Ethereum Trust mirrors bitcoin ETF path, signaling SEC spot ether ETF application is imminent amid changing regulatory winds.

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Understanding Bitcoin’s recent market dynamics and price predictions

Bitcoin's price rally mirrors investor optimism, with the Fear and Greed Index reaching highs not seen since November 2021. What's next?

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Groundbreaking $1.5 Billion in Trading for Debut Bitcoin ETF as GBTC ‘Discount’ Mirrors $69,000 Bitcoin Valuation

Сообщение Groundbreaking $1.5 Billion in Trading for Debut Bitcoin ETF as GBTC ‘Discount’ Mirrors $69,000 Bitcoin Valuation появились сначала на Coinstelegram.

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Mammoth $200M Bitcoin single-day inflow to exchanges mirrors key 2023 moments

Quick Take Yesterday, Oct. 11, exchanges noted an inflow of around 8,000 Bitcoins, equating to approximately $200 million, signaling a significant shift in crypto market dynamics. Most of these transactions ranged from $1M to $10M, suggesting that ‘whales’ or large-scale investors were likely active, particularly as Bitcoin’s price fell below $27,000.

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Bitcoin Price Could Flip Bullish In November As It Mirrors Previous Cycles, Analyst

Bitcoin analysts eagerly scrutinize the charts as November approaches, hoping to gain insights from past cycles. Historically, November has always been significant for the cryptocurrency market, as BTC usually gains value, affecting other coins.

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Bitcoin price action in 2023 mirrors previous cycles, a likely U-turn

Although 2023 started with a bang, partly recovering some 2022 losses, Bitcoin price has been stuck in a prolonged period of sideways trading. However, historical data mirrors previous cycles and suggests a potential shift in November, setting the stage for a rally leading up to the next Bitcoin halving event.

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This Bitcoin Chart Mirrors Sinister 2019 Shadow: Retrace To $20,000 On The Horizon?

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has faced a setback in its recent gains after failing to consolidate above the $27,000 level. With no positive macro news to drive BTC beyond upper resistance lines, industry experts are looking for a chart analysis that suggests BTC may be on the verge of a significant move toward $20,000.

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Bitcoin miner balance decline mirrors drop in hash rate, triggering market caution

Quick Take The recent downturn in Bitcoin can be seen in the fluctuations witnessed in the miner balance. Last week, the Bitcoin hash rate saw a 5% drop from its peak value of 400 eh/s. This was concurrent with an anticipated decline of around 3.

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Bitcoin’s shaky stage mirrors FTX collapse as short-term holders cut losses

Quick Take The Bitcoin network is currently experiencing a precarious phase, with market indicators revealing substantial investor weakness from multiple facets. A significant part of this fragility stems from short-term holders, those who have been in possession for less than 155 days.

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Bitcoin Ordinals Fees Crash 24% As BTC Dump Towards $25,000

The latest data on August 22 shows that the total daily fees generated from Bitcoin Ordinals on the world’s most valuable network have crashed from around $95,000 to $72,000, a 24% drop. The contraction mirrors the general performance of BTC prices which have been under pressure in the last two weeks, notably crashing last week and forcing […]

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Low Bitcoin Volatility Mirrors 2016: A Bullish Breakout On The Horizon?

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Raoul Pal shares massive price prediction for Solana

Raoul Pal, CEO of Real Vision is super bullish on Solana (SOL). According to Pal, SOL could rally 20x from current levels if it mirrors Ethereum’s 47x move from its 2018 low. He also says Bitcoin price could triple from its all-time high level amid a supply crunch in 2023.

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Bitcoin Price Action Mirrors Q1 2021, Volatility Ahead?

The surge of the largest cryptocurrency in the market, Bitcoin (BTC), has caught the attention of investors and analysts, with many drawing parallels to BTC’s performance in Q1 2021. While the similarities are striking, some experts caution against assuming that history may repeat itself.

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As The FTX Collapse Shows, Time, Money And People May Change But Liquidity Crises Don't

FTX's collapse mirrors that of most liquidity crises over the last 100 years, but Bitcoin offers a break in the cycle.

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Why Crypto Market Fear Mirrors Lull In Volatility

Data shows the crypto market fear has been mirroring the volatility in the market recently, as the latest burst in the price of Bitcoin has improved investor sentiment. Crypto Fear And Greed Index Escapes Out Of “Extreme Fear” Zone The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the cryptocurrency market.

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Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different

BTC price performance weakens after another crack at resistance near $20,000, but exchanges are showing a mounting tug-of-war between bulls and bears.

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Turn On, Tune In And Take Charge With Bitcoin

The change in mindset and framing induced by learning about Bitcoin mirrors a psychedelic experience.

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Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow.

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Bitcoin, Ethereum bounce as crypto mirrors Wall Street

Bitcoin has gained 2.5% in the past 24 hours and is trading near the…

The post Bitcoin, Ethereum bounce as crypto mirrors Wall Street appeared first on Coin Journal.

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US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption

The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.

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Bitcoin Is Venice: Wrestling With The Truth

Surprising as it may be, Bitcoin’s history mirrors the history of mixed martial arts.

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Bitcoin price action in 2021 so far mirrors 2017 — Will it continue?

Bitcoin is in full bull run mode according to trading analysts, as on-chain indicators look promising, but the rest of 2021 could be full of surprises.

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Bitcoin Doesn’t Just Represent The Future, But Also The Past

A legacy trader reflects on how the bitcoin market mirrors the past, and is poised to overtake the traditional market in the future.

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Unpacking The Fed’s Smoke And Mirrors In Jackson Hole

Responding to Federal Reserve Chairman Jerome Powell's comments at Jackson Hole through a Bitcoin lens.

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The Bear Market Ironically Proves That Bitcoin Is The Future Of Money

Bitcoiner and founder of Global Macro Investor and Real Vision Group Raoul Pal mirrors down the extent to which the cryptocurrency market has grown in a tweet. The goal behind the creation of cryptocurrencies like Bitcoin was, as explained in the Bitcoin whitepaper, was to launch a top competitor against leading currencies like the USD, […]

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