Bitcoin hit record highs above $123,000 last week before pulling back. On Monday, it edged closer to $119,600. As prices consolidate below this level, whales are actively locking in profits. This behavior could affect the crypto asset’s near-term price movement if selling pressure increases. Whale Activity Spikes Upon focusing on monthly average BTC inflows to […]
Crypto markets are hovering around an all-time high of $4 trillion, with altcoins showing the most promise at the moment. Last week’s economic data confirmed that the US economy continues to show health and improvement, with a rebound in retail sales and a fall in jobless claims. Additionally, CPI and PPI reports showed that core […]
Driven by roaring demand from Wall Street and retail Internet buyers, Bitcoin’s price continues to mark fresh milestone highs in July. On Monday its price soared to a record $123,000. Bitcoin’s Price Flies To New Highs Beyond reaching fresh all-time highs, Bitcoin daily trading volume drenched exchanges as the average trade price began to settle […]
Around 41,500 Bitcoin options contracts will expire on Friday, July 18, and they have a notional value of roughly $5 billion. This event is larger than last week’s expiry but unlikely to be enough to influence spot markets, which have been performing solidly this week. ‘Crypto Week’ in the United States has been chaotic, but the […]
Bitcoin’s rally took a brief pause after breaching the $120,000 mark. What followed were profit-taking flows that capped the momentum built over the past week. The asset eventually found a local bottom at $116,000, where bids re-emerged to support the price. However, QCP Capital believes that another pullback toward $110,000 may provide a more stable […]
“Institutional capital can no longer ignore the returns that Bitcoin is providing,” reported the Kobeissi Letter on Tuesday. The cryptocurrency cannot be ignored because it has yielded a 90% compound annual growth rate (CAGR) over the past 13 years, which no other asset can match. Even “conservative” funds are allocating 1% of their assets under […]
“Bitcoin is still tracking past cycles surprisingly well,” said engineer and analyst ‘apsk32’ on X on Monday. This is quite remarkable given the headwinds such as US trade tariffs and geopolitical conflicts they added. Nevertheless, there was still a big price prediction to go with it. “If the pattern holds, we would expect a peak […]
Bitcoin prices reached $122,500 on Coinbase on July 14, according to TradingView. The peak was a little lower on other exchanges that don’t have premiums; however, CoinGecko also reported it at $122,376. The asset has notched a 3.5% gain on the day in its latest push above the $120,000 milestone price level. BTC broke into […]
Crypto markets maintained last week’s gains over the weekend and began moving higher again on Monday morning in Asia. The momentum may continue if US inflation reports are positive this week. Meanwhile, late last week, President Trump announced 30% tariffs on the European Union and Mexico, but there was little reaction from crypto markets. US […]
The past 24 hours have witnessed bitcoin (BTC) record all-time highs (ATHs) again and again, with the latest being at almost $119,000. While it is evident that institutional demand and whale movements are driving this rally, analysts have identified another cohort of investors who have contributed to the surge. According to a tweet by the […]