[ad_1] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. [ad_2] Source link
[ad_1] “While bitcoin ETFs have seen net inflows of $820M, bitcoin whales have seen an increase of ~$3B (76,000 BTC) so far in 2024,” IntoTheBlock said in a weekly newsletter. “Whales include any entity, individual, or fund (including the ETFs) holding over 1,000 BTC.” [ad_2] Source link
[ad_1] After a challenging two weeks resulting in a 21% drop, the Bitcoin (BTC) price rebounded emphatically, closing last week on a strong note. The premier cryptocurrency witnessed a surge that saw it end with a Doji Hammer candle on its weekly chart, signaling a potential bullish reversal. Notably, this uptick has propelled Bitcoin’s value … Read more
[ad_1] Bitcoin price is recovering higher above the $42,000 resistance. BTC must clear $42,800 and $43,500 to start an increase toward the $45,000 resistance. Bitcoin price is moving higher above the $42,000 resistance zone. The price is trading above $41,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming … Read more
[ad_1] It’s only been a month into 2024, and Bitcoin has already experienced a whirlwind of activity. These events range from the SEC’s approval of spot Bitcoin ETFs to the cryptocurrency’s price underperforming with a decrease over the past month and selloffs from the Grayscale BTC Trust. Amidst all these, on-chain data has revealed an … Read more
[ad_1] The tides seem to be turning in favor of the Bitcoin price, as the market leader has reclaimed the $42,000 level for the second time in as many days. According to data from CoinGecko, the premier cryptocurrency has managed to register a 1.1% profit on the weekly timeframe. While Bitcoin appears to be garnering … Read more