Despite GBTC's significant outflows and concerns about market absorption, Bitcoin manages to maintain support at $40,000. The market remains uncertain, with conflicting forecasts from analysts and traders.
SanyaAt 8 o'clock last night, BTC, which had been breaking away from the 45k sideways position since 6 o'clock in the evening, reached the fastest acceleration of its downward decline. In just 2 hours, it went from 45k pins to nearly 40k.
JinseFinanceA sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin.
CointelegraphOn-chain data shows the crypto exchange Coinbase observed 38k BTC in outflows shortly before Bitcoin recovered back above $30k. Bitcoin ...
BitcoinistUnited States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.
CointelegraphBitfinex heavyweights are not the only ones who see current Bitcoin price levels as a buying opportunity.
CointelegraphWith little comfort on the daily chart, analysts once more zoom out to explain the lack of momentum on the market.
CointelegraphThe majority of traders expect fresh Bitcoin price losses after a difficult end to the week, data suggests.
CointelegraphThe latest relief rally, which began April 25, fizzles less than a day later, while Dogecoin continues its bullish vibe.
CointelegraphWhat could rile investors more than a capitulation in stocks and crypto is sideways trading “for a long time.”
Cointelegraph