Category: Cryptocurrency news

Investment firm NYDIG revealed the levels at which Bitcoin (BTC) price could bottom out!

NYDIG, an investment firm known for its analysis of the cryptocurrency market, shared a noteworthy assessment stating that Bitcoin’s (BTC) current price movements show similarities to past bear markets. According to the company, the correction period between 2025-2026 is increasingly similar to the classic four-year cycle seen in 2014, 2018, and 2022. If this historical […]

Bitcoin Whale, Inactive for 8 Years, Moves Thousands of Bitcoins to a New Address! A Sell Signal? Here Are the Details

One of the large wallets that had been inactive for a long time in the cryptocurrency market has become active again. According to data shared by the on-chain data analysis platform Lookonchain, a Bitcoin whale that hadn’t made any transactions for about eight years transferred 5,908 $BTC to a new wallet address. At current market […]

Market Analysts Describe Bitcoin’s Latest Move as a “Borrowed Rally” — Here’s Why

Bitfinex Alpha reported that the lower-than-expected US inflation figures for June propelled Bitcoin to its highest daily close since June 22, but the rise is not yet backed by strong and sustainable demand. According to the report, the recent movement in Bitcoin was largely driven by the repricing of macroeconomic expectations and the interest rate […]

Will Bitcoin break above $65,000 once again?

Bitcoin briefly climbed back above $65,000 before giving up those gains as softer US inflation data boosted risk appetite, but renewed geopolitical uncertainty capped the rally. According to CoinGecko data, Bitcoin ($BTC) rose to an intraday high of $65,500, its strongest level since June 22, before retreating to around $64,500-$64,800 during Thursday’s Asian trading session. […]