BTC Financial News
06.07 / 18:37
BTC
Lowe's
Bitcoin
Identifying what’s stopping Bitcoin [BTC] from climbing the charts
The early morning bulls of 6 July are helping Bitcoin [BTC] retain its position above $20,000. This can be considered as another step in the upwards trajectory for the BTC token. However, investor confidence is at a low after the worst Bitcoin performance in a month since 2011. Where does Bitcoin head from here amid speculation of a recession?
06.07 / 16:47
BTC
Lowe's
Action
How long before Solana’s [SOL] long-term downtrend snaps
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
06.07 / 16:09
BTC
CEO
Platform
Arrow
Crypto brokerage Voyager files for bankruptcy protection
The company suffered a blow when Three Arrows Capital went bust last week, defaulting on a loan of 15,250 BTC and $350 million USDC.
06.07 / 15:17
ETH
BTC
XRP
BNB
Bitcoin and Ethereum Still Range-Bound, AVAX and SAND Accelerate
Bitcoin price is still consolidating above the USD 19,500 support zone and is currently (11:47 UTC) trading near USD 20,100, with a key hurdle near USD 20,500. BTC increased over 2% in a day, erasing its weekly losses.
06.07 / 07:43
ETH
BTC
XRP
BNB
CEL
Bitcoin and Ethereum Fluctuate, CEL Keeps Dropping
Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (03:49 UTC) trading near USD 19,900 and is down 2% in a day and a week.
06.07 / 03:51
BTC
Bitcoin
Luna
What are Bitcoin investors aiming for amid surging BTC outflows
On-chain data suggested that June was the worst month for Bitcoin [BTC] considering the performance of the king coin since 2011. It took a dip of 37.5% over the month in an already catastrophic Q2. Feds, inflation, and now recession rumors are circling around the crypto market. How will these talks affect the BTC performance in the coming weeks?
05.07 / 19:55
BTC
Lowe's
Action
Bitcoin
ATOM: Assessing the odds of a long-term downtrend prevailing
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.
05.07 / 19:25
UPS
BTC
Aware
Bitcoin
How to Send Bitcoin
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
05.07 / 15:39
ETH
BTC
XRP
BNB
Bitcoin, Ethereum, and Altcoins Correct Gains
Bitcoin price struggled to clear the USD 20,500 resistance zone and moved below USD 20,000 again. It is currently (11:50 UTC) trading near USD 19,700 and is almost unchanged in a day and down 5% in a week.
05.07 / 12:37
UPS
BTC
Santiment
Bitcoin
As Bitcoin [BTC] flashes green, is the worst finally behind it
Bitcoin [BTC] investors have more reasons than one to be amused by the celebrations of 4 July. On-chain data indicates that the worst might be over for Bitcoin as per acclaimed researchers. BTC has also seen a bullish uptick since 3 July, marking a good start to the month.
05.07 / 07:49
ETH
BTC
XRP
BNB
CEL
Returns
Bitcoin Returns Above USD 20K, Ethereum Rallies, CEL Keeps Outperforming
Bitcoin price remained well bid above the USD 18,800 support zone and started a fresh recovery wave above the USD 20,000 resistance zone. It is currently (04:09 UTC) trading near USD 20,300 and is up 6% in a day and down 2% in a week.
04.07 / 20:45
BTC
Extreme
Santiment
Bitcoin
Bitcoin whales are accumulating, but why is BTC’s growth stunted
Bitcoin, the largest cryptocurrency has had a lot of support from the community over the years. These holders have maintained an undeterred positive narrative despite challenging market conditions. However, BTC’s price didn’t quite show the same enthusiasm.
04.07 / 15:13
ETH
BTC
XRP
BNB
CEL
Bitcoin and Ethereum Stuck in Key Range, CEL Outperforms
Bitcoin price remained well bid above the USD 19,000 support zone and is currently (11:46 UTC) moving higher, but there are many hurdles near USD 20,000. A clear move above USD 20,000 could set the pace for a recovery wave. For now, BTC trades near USD 19,600 and is up almost 3% in a day and still down 7% in a week.
04.07 / 11:31
BTC
Digital
Citizens
Bitcoin
New Crypto Hub for Central African Republic; Here’s what’s next
The Central African Republic (CAR) has launched the Sango crypto-hub initiative. It is funded by the government to promote the expansion of the regional market for digital assets. The Sango initiative has been introduced following CAR’s acceptance of Bitcoin as legal tender in April.
04.07 / 08:17
ETH
BTC
XRP
BNB
Bitcoin and Ethereum Struggle to Recover, AR and RUNE Accelerate
Bitcoin price settled below the USD 20,000 support zone. BTC is currently (04:05 UTC) consolidating near USD 19,100 and is down 1% in a day and 9% in a week.
04.07 / 07:33
BTC
cryptocurrency market
Terra Luna
Luna
week
Crypto week at glance: Volatility jolts crypto markets, BTC below $20k
This drop can be attributed to the DeFi Contagion effect that started with LUNA’s collapse and the rejection of GBTC’s request to become a Bitcoin Spot ETF. 3AC or 3 Arrows Capital has created havoc within the crypto industry. It is a digital asset-focused hedge fund that started back in 2012. It had invested in the top cryptocurrencies and held equity in cryptocurrency-related companies.
03.07 / 23:43
UPS
BTC
Bitcoin
recovery
Bitcoin needs CPR and this index’s projected recovery could be it
Bitcoin, at one point, was considered a hedge against inflation since the value of the U.S Dollar kept declining. However, with time, the king coin’s correlation with the stock index has kept on growing. As a result, today, Bitcoin has fallen to its lowest point in almost 20 months.
03.07 / 21:35
UPS
BTC
Bitcoin
Will Bitcoin’s potential short squeeze help BTC escape $20K trap
Bitcoin, the largest cryptocurrency showcased some vital signs of life post a consolidation $20k phase. Although, the effort wasn’t enough as liquidations surrounding the crypto market intensified. On-chain data shows Bitcoin funding rates have sunk into deep negative values. This could pave a potential short squeeze, thus, affecting BTC’s price.
02.07 / 21:51
BTC
Target
FIVE
Bitcoin
Support
Bitcoin: Working out realistic chances of BTC holding its immediate support
With the bears capping the buying rallies at the $21.6K-mark for over two weeks now, Bitcoin [BTC] steeply slumped in the last five days. The near-term trajectory revealed a bearish edge. Thus, the king coin has been slogging to close above the basis line (green) of its Bollinger Bands(BB).
02.07 / 16:45
BTC
Lowe's
Bitcoin
For Bitcoin investors, this metric foreshadows ‘oncoming price turnarounds’
The second financial quarter of 2022 didn’t end very well for Bitcoin [BTC]. In what can be called ‘extreme market conditions,’ the flagship crypto coin has been struggling on all fronts. Investors are left with low returns, while crypto institutions are toppling like dominoes. However, there is a silver lining here as well.
02.07 / 06:41
BTC
Bitcoin
Is Bitcoin really cheap at $19,000? Assessing if it could go further down
El Salvador’s president Nayib Bukele announced on 1 July that his country added 80 Bitcoin [BTC] to its balance sheet. He also noted that the purchase was made at $19,000 per BTC, a price level that he described as cheap.
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