Bitcoin Lags Behind S&P 500, Signaling Potential Bullish Catch-Up
Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5. At the moment, analysts continue to roll out observations and predictions that suggest that Bitcoin may soon pull off a market rebound and perhaps eventually embark on a highly-expected bull run. Related Reading: Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally? Bitcoin’s ‘Rare’ Underperformance Hints At Possible Bullish Rebound In an X post on Friday,....
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The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather momentum for a full-price rebound. Interestingly, the on-chain analysis platform, IntoTheBlock has provided some insights into the resilient behaviors of these Bitcoin optimists amidst the current market downtrend. Related Reading: Bitcoin Lags Behind S&P 500, Signaling Potential Bullish Catch-Up Bitcoin Whales Acquire 71,000 BTC In One Week –....
The cryptocurrency market has witnessed significant fluctuation, with Solana (SOL) experiencing a notable retracement to $170.27, creating a bullish channel in the process. This recent market behavior happens after a period of a potential rally that has previously pushed the price of SOL above the $170.27 level. As the price of this digital asset continues to trend within the channel, the question remains whether bulls will regain control and push the price above the bullish channel or will the bears maintain their dominance and drive the price below it. In this article, we will examine....
Bitcoin miners have started to signal for Taproot activation and crypto supporters are looking forward to the largest bitcoin update in almost four years. The mining operation Slush Pool mined the first block signaling for Taproot and since then the pools Foundry and F2pool have joined in on signaling as well. Bitcoin Block: 681,458 Signals for Taproot It’s been a long time since the Bitcoin network has seen a major upgrade and the last time it happened was in 2017, back when BTC participants activated Segregated Witness (Segwit). Since then, bitcoiners have been discussing the next....
As 2024 unfolds, Artificial Superintelligence Alliance (FET) has captured the attention of investors with its bullish trend. Surging 30% in just three days, FET has demonstrated resilience and potential, making it a contender in the AI-driven cryptocurrency space. Alongside this, GoodEgg (GEGG), a new AI-powered dating cryptocurrency, is gaining momentum with investors speculating on a potential 100x return in the near future. Let’s dive deeper into why these two projects are at the forefront of AI crypto and what the future holds for them. FET’s Bullish Performance Artificial....
Signaling support for Taproot activation is easier than it may appear, as bitcoin mining company Braiins demonstrates.