Bitcoin attracted record-breaking inflows of $3.55 billion last week, even as its price neared historic highs and investors avoided short products. Across the broader digital asset market, investment inflows totaled $5.95 billion, which is the largest weekly inflows ever recorded. CoinShares believes this surge indicates a delayed reaction to the FOMC’s interest rate reduction, coupled […]
After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high. The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday. Recall that bitcoin went […]
Bitcoin has extended its rally after a clean breakout from the descending channel, reclaiming primary structural levels and driving toward the $122K–$124K all-time high. While momentum remains strongly bullish, the market is still exposed to a brief pullback toward $114K–$118K to rebalance before any potential continuation toward new highs. Technical Analysis By Shayan The Daily […]
Around 28,000 Bitcoin options contracts will expire on Friday, October 3, and they have a notional value of roughly $3.37 billion. This expiry event is back to normal following last week’s epic end of third quarter event, so there is unlikely to be any impact on spot markets, which have gained this week. US labor […]
Around $165 billion has entered the crypto market over the past 24 hours, pushing total capitalization to $4.16 trillion, a little shy of its all-time high as digital asset momentum returns. “Risk appetite is incredibly strong,” and at near record levels, observed the Kobeissi Letter, commenting on leverage equity exchange-traded funds. That risk has extended […]
The United States government has shut down due to a failure to pass funding legislation, affecting many federal services and furloughing non-essential workers; however, essential services will continue. Crypto markets appear to have taken this in their stride with very little movement in most digital assets over the past few hours. Total capitalization is holding on […]
TL;DR Bitcoin’s price crashed hard in the past week, going from over $115,000 to under $109,000 at one point. However, the asset managed to remain above a key support level, which could send it flying toward its all-time high of over $124,000. Crash Won’t Stop BTC (For Now) When we zoom out for just a […]
Bitcoin’s latest pullback, roughly 12% below its all-time high of $124,000 all-time high, has sparked debate over whether this is a natural correction or an early warning of deeper risks. But data shows that the dip shows a maturing market where corrections reset leverage, not destroy momentum. Natural Cool-Off or Warning Shot The decline is […]
Around 146,000 Bitcoin options contracts will expire on Friday, September 26, and they have a notional value of roughly $17 billion. This expiry event is a big one because it is the end of the month and the end of the third quarter, so there could be some volatility on spot markets, which have tanked […]
The past day wasn’t kind to the cryptocurrency markets, as bitcoin slumped below a crucial support level and dipped to a three-week low of under $109,000 yesterday. Most altcoins crashed even harder, which is why the leveraged liquidations have skyrocketed to nearly $1 billion, according to CoinGlass. BTCUSD. Source: TradingView It was less than a […]