A widely watched indicator has flipped to “altcoin season,” for the opposite reason the label suggests. Glassnode’s Altcoin Cycle Signal, which reads above 50 when alternative coins, or alts, outperform bitcoin, has climbed to …
Slide
- DeFi Market
Bitcoin’s slide to $66,000 is accelerating a shift into digital dollars
by adminby adminA week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins as bitcoin BTC$65,670.07 pulled back from the early May highs …
- Blockchain Research
Bitcoin price risks slide toward $70,000 as $76,000 support weakens
by adminby adminMake CryptoSlate preferred on The Bitcoin price dropping below $78,000 has shifted market attention to whether buyers can defend the $76,000 area or whether the pullback opens the way for a deeper move toward …
- Bitcoin & Ethereum
ZEC, DASH Lead as Privacy Coins Defy Broader Market Slide: Crypto Daybook Americas
by adminby adminBy Omkar Godbole (All times ET unless indicated otherwise) It’s another risk-off session across the crypto markets. Bitcoin BTC$104,248.06 slid 3.5% in the past 24 hours to approach October lows around $103,600. Any further …
- NFT & Metaverse
JPMorgan (JPM) Says Crypto-Native Investors Likely Driving the Market Slide
by adminby adminThe recent market sell-off was likely led by retail and other crypto-focused investors rather than traditional institutions, according to Wall Street bank JPMorgan (JPM). While bitcoin BTC$106,728.62 and ether ETH$3,836.70 both fell after October …
- Crypto Education
Crypto Markets Slide as Key Bitcoin Support Weakens and ETF Flows Reverse
by adminby adminIn brief Bitcoin tested the key support level of $112,500 Tuesday morning, as ETF flows reversed with $326M in outflows. Analysts warned that a break of support could send Bitcoin down toward $103,500. Ongoing …
Bitcoin (BTC) holds ground as precious metals slide on ETF outflows and liquidity strains, JPMorgan says
Bitcoin BTC$68,444.06 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan. “The deterioration in …
Bitcoin BTC$106,803.77 continued to lose ground Friday, falling below a key average as risk stayed on the defensive, driving Treasury yields to multi-month lows. The leading cryptocurrency by market value fell below its 200-day …