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Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance


Bitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward...

Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand


Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction...

Bitcoin dips, but key metrics hint at a bullish future


Bitcoin ($BTC) has slipped to a value lower than $66,000 at the time of writing this article; however, key metrics point to an optimistic future for the flagship cryptocurrency. Meaning there is a bull run on the horizon if factors align in favorable conditions. For starters, market liquidity...

Uniswap bounces back: 64.25% surge in open interest signals bullish trend


Uniswap (UNI), a leading decentralized finance (DeFi) protocol, has experienced a significant price rebound, accompanied by a notable 64.25% increase in open interest. This surge in activity has captured the attention of traders and analysts, raising questions about the factors driving this...

Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty


Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...

Bitcoin dips below $70k, keeps bullish hopes alive for a rebound


Bitcoin was previously teased to climb the ladder and reach closer to $84,000. That didn’t happen, but what has happened has signaled the potential for a rebound. Interestingly, it is a dip below the mark of $70,000. Industry experts believe that the dip has brought the opportunity...

Cardano (ADA) price analysis: Bullish signs and upcoming developments


Cardano is in the accumulation phase. The token is valued at approximately $0.4656 when writing this article. This reflects a rise of 1.46% in the last 24 hours and 3.87% in the last 7 days. ADA is majorly consolidating within a predefined range of $0.51 and $0.6. While the current value is below...

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