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Crypto Markets Added $70 Billion Daily as Bitcoin (BTC) Soared to 16-Day Peak (Weekend Watch)

Bitcoin’s price ascend continued in the past 24 hours as the asset flew past $60,000 and tapped a multi-week peak of over $60,500. The altcoins are also in the green, which has boosted the total crypto market cap by more than $70 billion since yesterday. BTC Touched $60.5K After last Friday’s correction that drove BTC […]

Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further

Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction of BitMEX co-founder Arthur Hayes, who believes there could still be more pain to come for crypto holders. Bitcoin traded for $56,925 at 1:25 PM […]

Attack of The Bears: Analysts Paint Bleak Short-Term Bitcoin Price Predictions

The Bitcoin market correction, which has been ongoing for the past six months, is currently around 23%, which isn’t too deep historically. However, analysts are growing increasingly bearish the longer this downtrend continues. In a post on X on Sept. 5, trader ‘Crypto Louca’ predicted that Bitcoin price will continue to retreat this year, falling […]

Bitcoin Price Analysis: BTC Loses Momentum With Possible Price Declines to $56K and $52K

Bitcoin’s price has been showing a willingness to drop lower. However, market fundamentals point to something different. BTC is down by nearly 10% in the past week, currently struggling to remain above $58,000. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been consolidating around the $60K level, following a […]

Is the Bitcoin Price in Grave Danger? 3 Bearish And 2 Bullish Signs For BTC to Watch

For the week ending Aug. 17, Bitcoin price continued its shaky action, even as low consumer inflation signaled an upcoming dollar supply glut and the S&P 500 Index rallied. The latest U.S. consumer inflation readout gave the Fed more ammo to justify a big rate cut in September. That’s bullish news for Bitcoin, because more […]

Will Bitcoin Keep Falling After $1.4B BTC Options Expire?

On Friday, August 16, around 24,300 Bitcoin options contracts will expire, with a notional value of around $1.4 billion. Today’s options expiry event is smaller than last week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event currently has a notional value of $3.2 billion. Bitcoin Options […]

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 […]