Tag: Price

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How Binance’s 41,000 BTC Purchase Impacted the Bitcoin Market

Bitcoin has been trading sideways recently, trying to recover from the selling pressure it faced over the past week. Despite some optimism in the market, the daily chart shows a candlestick pattern that indicates...
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Bitcoin Price Analysis: First Mover Americas Sees BTC Drop Below $65K

Bitcoin's price struggled to maintain its position above $65,000, dropping below $64,000 during trading hours in America. It briefly climbed back to $65,000 but then slipped towards the $64,500 mark, marking a 1% decrease...
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Unpacking the $7 Billion Drop in Bitcoin’s Open Interest

Bitcoin's open interest has recently taken a hit, dropping by $7 billion in just one month. This decline in notional open interest has coincided with a 14% decrease in the price of Bitcoin in...
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Bitcoin Price Drops Below $59K with $230M Crypto Liquidations

Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
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Predicted Timeline for Bitcoin Price to Reach Peak Cycle Levels

Bitcoin investors have been eagerly awaiting the predicted timeline for the cryptocurrency to reach peak cycle levels. Crypto analyst Rekt Capital has shared insights on when Bitcoin could hit its cycle highs, reassuring investors...
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Solana-Ether Ratio Drops to 3-Month Low, Analyst Predicts Continued Decline

The SOL/ETH ratio has dropped to a 3-month low as the speculation surrounding an ether ETF continues to impact altcoins like Solana's SOL token. The decline in the ratio, currently at 0.038 on Binance,...
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Bitcoin FOMO: Social Media Users Urging to Buy Sub-$66,000 Dip Bitcoin FOMO: Buy Sub-$66,000 Dip...

Keshav, a senior writer at NewsBTC, has been following the cryptocurrency industry closely since June 14, 2021. With a background in Physics from the University of Delhi, Keshav initially pursued a degree in Physics...
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ApeCoin Price Surges 100% Following Yuga Labs’ ApeChain Launch

ApeCoin, the cryptocurrency associated with the Bored Ape Yacht Club (BAYC), has seen a significant surge in price, reaching its highest level since April. This increase in value comes following the launch of ApeChain...
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Bitcoin Demand Surges: Catalyst for $70K BTC Price Target

Bitcoin's demand has been on the rise, with many indicators suggesting that BTC could hit $70,000 soon. From technical market data to prediction market betting, there are several factors at play. Inflows into U.S....
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Understanding Bitcoin’s Price Volatility for Financial Advisors

In today's issue, we will discuss the recent fluctuations in the price of Bitcoin and how financial advisors can assist their clients in navigating this volatile market. Andy Baehr from CoinDesk Indices will provide...