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Massive Bitcoin and Crypto Crash and Epic Recovery: This Week’s Recap

This week saw one of the most dramatic crashes in the cryptocurrency market—one that we hadn’t seen since the collapse of FTX in November 2022. What is even more interesting was the epic recovery of the majority of coins in the following days. Ultimately, the market ended up losing some $70 billion of its total […]

The Reason Behind Bitcoin’s Price Crash: Arthur Hayes Speculates

Bitcoin’s price crashed toward $53,000, losing more than $17,000 since last Monday. This has been one of the cryptocurrency’s worst weekly performances in its entire history. In the past 24 hours alone, a whopping $840 million worth of leverage positions were liquidated due to the market crash. Source: Coinglass Earlier in the week, CryptoPotato outlined […]

Bitcoin Price Analysis: Here’s the Next Target for BTC Before Bulls Can Hope for $70K

Bitcoin’s recovery is going well, and the market is seemingly on the verge of creating a new all-time high in the short term. Technical Analysis By TradingRage The Daily Chart As the daily chart depicts, Bitcoin’s price has been rallying since it rose above the 200-day moving average. The market has also reclaimed the $60K […]

Three Reasons Why the Bitcoin (BTC) Price Could Hit a New ATH Before the End of 2024

The first half of 2024 was more than successful for Bitcoin (BTC), whose price reached an all-time high of over $73,500 in mid-March. It currently trades for an increase of around 115% on a yearly scale. In the following lines, we will touch upon some essential factors and upcoming events that could push BTC to […]

Here’s How Much Bitcoin (BTC) Drake Lost After Argentina Qualified for Copa America’s Final

TL;DR Drake lost a substantial Bitcoin bet after Canada was defeated by Argentina in the Copa America semi-final. His history of significant betting losses has led to the phrase “the Drake curse,” suggesting teams or athletes he supports tend to perform poorly. Betting Against Lionel Messi The Canadian musician and actor Aubrey Drake Graham (better […]

What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In

Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally further is fundamentally due to the tightening monetary policy in the U.S. since March 2022,” they reported on July 3. As a result, the overall […]

Bitcoin (BTC) Price Predictions: Time for a New Rally or a Further Crash?

TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run […]

Time to Buy the Bitcoin Dip? Experts Weigh in on the Opportunity Following the Crash

Over the past few days, crypto markets have tanked 15% with more than $350 million exiting the space. Monthly support levels have been broken sending crypto assets to their lowest levels since late February as bearish sentiment returns. However, the 28% market correction is nothing new and has happened several times during every market cycle. […]