As the beginning of July proves to be bearish for the Bitcoin and crypto market, investors are eagerly anticipating the release of the CPI data on July 11. Recent events, such as the delayed debut of Spot Ethereum ETFs and reports of governments selling BTC, have cast a shadow over the market. However, there is
Bitcoin
Opeyemi is not just a casual observer of the cryptocurrency world; he is deeply passionate about all things related to digital assets. Despite not originally choosing the industry, he has become fully immersed in it over the past two years. This passion is evident in the unique and insightful pieces he creates, unraveling the complexities
Cryptocurrency has become a hot topic in recent years, attracting individuals from various backgrounds to explore the world of digital assets. One such individual is Semilore Faleti, a cryptocurrency writer who has made significant contributions to the field of journalism and content creation. With a keen interest in the intricacies of blockchains and cryptocurrencies, Semilore
Bitcoin, the leading digital currency, has once again showcased its volatile nature by dropping suddenly below the $54,000 price level on July 5th. This recent price movement serves as a stark reminder to investors of the unpredictable fluctuations that characterize the cryptocurrency market. Within a span of seven days, Bitcoin has experienced a 7% decline,
One of the key factors that have contributed to the recent dramatic fall in Bitcoin’s price is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution has raised market anxiety significantly, as it represents 0.68% of the total Bitcoin supply. It is intended to be distributed among the creditors
As Bitcoin recently dipped below $60,000, crypto expert Michael van de Poppe has pointed out a crucial indicator that suggests a bounce may be on the horizon. Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, signaling a potential relief bounce from the current price level. According to his
The recent events in the crypto market have left investors and traders reeling from the impact of a widespread crash that has seen Bitcoin and altcoins plunge. The Bitcoin price, in particular, has been on a downward spiral, falling from support after support, causing chaos for tens of thousands of traders. The repercussions of this
Bitcoin, the leading cryptocurrency, has been experiencing a bearish trend lately, influenced by negative market factors. Despite this, large investors are not shying away from accumulating more Bitcoin during this time. Recent data from Santiment, an on-chain data tracking platform, has shown that investors holding over $600,000 worth of Bitcoin have been steadily increasing their
The crypto analyst Quinten François has recently provided a bold prediction for the future trajectory of Bitcoin. He suggested that Bitcoin could potentially rise to as high as $4.5 million, citing the significance of Bitcoin’s fourth halving as a key factor in this projection. According to Quinten, Bitcoin is currently at the bottom of a
Fundstrat’s head of research, Tom Lee, has once again reiterated his bold prediction for Bitcoin, suggesting that the pioneer cryptocurrency will skyrocket to $150,000. In a recent CNBC Television interview, Lee expressed his bullish optimism about Bitcoin’s future, confidently stating that the cryptocurrency will break out of the current bearish trends in the market. This
