The past week has been an eventful seven-day span for the Bitcoin price action and the general cryptocurrency market. From the flagship cryptocurrency achieving a six-figure valuation to “flash crashing” to under $90,000, investors have gone through various emotions over the past week. Unsurprisingly, the Bitcoin “flash crash” has been a major source of commentary…
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After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Bitcoin Short-Term Outlook Uncertain Due To Heightened…
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After surpassing its $100,000 milestone, Bitcoin (BTC) recorded its largest retrace in the past month before recovering. Amid the flagship crypto’s performance, some analysts have suggested the levels to watch and the next stops for BTC’s rally. Bitcoin Rally To Continue Above $100,000 On Thursday, Bitcoin hit its latest all-time high (ATH) of $103,600 in…
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Ethereum (ETH) surged past $4,000 earlier today for the first time since March 2024. Having surpassed a key price level with a golden cross, analysts are confident that this could signal the beginning of the highly anticipated altcoin season. How Far Can The Golden Cross Push Ethereum? Ethereum, the leading smart contract blockchain saw its…
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After months of struggling below the $4,000 price mark, Ethereum finally breached this notable resistance level on December 6, with a current trading price of $4,003, increasing by 2.7% in the past day. However, while this milestone has generated optimism among investors, market metrics indicate potential risks of profit-taking and corrections. Another Major Correction Incoming?…
