Bitcoin Price Reclaimed $97K, as New Metrics Show BTC Upside Potential

Key Points Earlier, Bitcoin recovered above $97,000, following yesterday’s dip to $95,000 levels. Yesterday, BTC’s price dropped following the latest US PPI data. Today, Bitcoin’s price recovered above $97,000, following…

Bitcoin Holds Steady Amid Market Fear as Investors Accumulate on Dips

Bitcoin has faced multiple rejections at the $100,000 resistance level, triggering repeated pullbacks and raising investor concerns. Despite these setbacks, BTC has shown resilience, maintaining support above $95,869 while long-term…

Bitcoin Price Spiked Above $99K, Following US Unemployment Data

Key Points Bitcoin recorded a recent price rally, surpassing $99,800, following the US jobs data. The strong jobs numbers in the US beat economists’ expectations. Bitcoin price recorded a sudden…

Bitcoin Sees Largest Exchange Withdrawals Since FTX Collapse

Bitcoin has experienced its largest exchange withdrawal since the collapse of FTX, with over 47,000 BTC leaving exchange reserves. While some of this movement could be attributed to internal reclassification…

Czech President Signs New Law – No Bitcoin Taxes After 3 Years of Holding

Key Points The Czech President has just promoted Bitcoin adoption in the country. This is a huge step for Bitcoin adoption in Europe. According to the latest reports, the Czech…

Bitcoin Sees Largest Exchange Outflow Since April 2024 as Whales Accumulate

On Wednesday, February 5, centralized exchanges registered a net outflow of over 17,000 BTC, worth more than $1.6 billion at the current market price of $98,600, according to Glassnode data…

USDC Exchange Inflow Surges Over $1 Billion – What It Means for Bitcoin

A massive inflow of over $1 billion USDC to cryptocurrency exchanges was recorded today, with 875 million USDC sent to Coinbase alone. This spike in stablecoin deposits is often interpreted…

BItcoin Price Rebounds Above $98K, Following Biggest Crypto Liquidation Event in History

Key Points Despite CoinGlass data showing $2.34 billion in 24-hour liquidations, the real amount is bigger. Bitcoin price rebounded above $98,000, following the recent market sell-off. Despite a huge sell-off…

Why is Bitcoin Down Today?

Bitcoin’s price dropped below $100,000 on Monday, leading to significant losses across the cryptocurrency market. The decline follows a weekend of heightened trading activity, with BTC hitting a high of…

Bitcoin’s February Track Record: 10 Gains, 2 Losses – Will 2025 Follow the Trend?

Bitcoin (BTC) has a strong history in February, with 10 out of 12 years showing gains since 2013. Historically, the average return for BTC in February is 15.66%, making it…