Tag: Price
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...
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...
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...
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....
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,...
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...
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....
Bitcoin Price Drops in Americas Following Tech Market Decline
Bitcoin's price has dropped to just above $64,000 in the Americas due to a stock market decline and weakening sentiment for risk assets. This led to over $250 million worth of bullish bets being...
Cryptocurrency Market Update: CoinDesk 20 Index Drops 4.4% with Broad-Based Decline
The cryptocurrency market saw a significant decline today, with the CoinDesk 20 Index dropping by 4.4%. This broad-based decrease affected a wide range of cryptocurrencies, reflecting a general downturn in the market.CoinDesk, the media...
Investors Boost Metaplanet Stock by 10% with Bitcoin Purchase, Holdings Reach 225 BTC
Metaplanet, a company based in Japan, recently made a significant purchase of Bitcoin, acquiring 21.88 BTC worth ¥200 million (equivalent to $1.26 million). This purchase was made at an average price of ¥9 million...














