Bitcoin (BTC) price remains relatively unchanged on the 24-hour chart, down 0.56% and trading around $33,200 at the time of writing.The overall cryptocurrency market traded flat on July 2 with the approach of the Fourth of July holiday weekend in the United States. The lackluster trading volume coincided with a slight decline in the total cryptocurrency market capitalization by … [Read more...] about Axie Infinity (AXS) and Waves make gains as Bitcoin flatlines below $34K
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Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms
Bitcoin (BTC) has been ranging from $30,400 to 36,400 for the last 12 days, and it has been difficult to pinpoint the exact reason for investors’ lack of appetite. Some analysts have pointed to the Grayscale Bitcoin Trust (GBTC) unlocking in mid-July finally giving institutional investors a chance to offload their funds, but this is not likely to be the main reason.Meanwhile, … [Read more...] about Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market recovery will occur if the path laid out by the Wyckoff distribution model rings true. According to data from CoinMarketCap, the total cryptocurrency market capitalization fell by nearly $230 … [Read more...] about Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see 2020 similaritiesData from Cointelegraph Markets Pro and TradingView showed BTC/USD stabilizing on Wednesday after a day of unnerving volatility.At the time of writing, Bitcoin was … [Read more...] about Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below $34,000 on Sunday after choppy behavior at the start of the weekend.A comedown from resistance at near $40,000 … [Read more...] about Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near