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Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
10.6.2024
Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week
Double-Digit Gainers and Losers Define a Turbulent Week in Crypto
10.6.2024
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst...
Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance
10.6.2024
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...
Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says
10.6.2024
The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating
First Mover Americas: Bitcoin Little Changed After Liquidation Rout
10.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
10.6.2024
Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation...
Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
10.6.2024
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600
Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says
10.6.2024
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said
Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
10.6.2024
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said
Boomers hold the key to wealth, even in cryptocurrency
10.6.2024
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?
BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K
9.6.2024
Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins
9.6.2024
Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this...
Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates
8.6.2024
Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. Bitmex...
Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated
7.6.2024
The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to...
Are Bitcoin traders losing hope? Top traders' metric hits two-week low
7.6.2024
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
Big Friday Crypto Selloff Pulls Bitcoin Below $70K
7.6.2024
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto
GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream
7.6.2024
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week
Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
7.6.2024
Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days
Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein
7.6.2024
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said