Bitcoin Breaks $68K, After Recent Price Slump
26.07.2024 23:01 1 min. read Alexander Stefanov
Bitcoin managed to regain its bullish momentum after the recent crypto market correction.
After the recent stock market crash, that deleted over $1 trillion, and the crypto market correction, Bitcoin is again on track to the $70,000 barrier.
At the time of writing, Bitcoin is trading at slightly over $68,000 after a 5% surge in the past 24 hours and has a $32.1 billion volume.
The total market cap of the crypto market reached $2.4 trillion after surging 4% and Bitcoin represents $1.34 of the total value.
According to CoinGlass data, $122.90 million were liquidated in the past 24 hours ($40.3 million in long positions and $82 million in shorts),
The 1-day technical analysis from TradingView also showcases the investors’ bullish santiment. The summary and moving averages show “strong buy” at 16, while the oscilators point to “buy” at 2.
-
1
Deutsche Boerse to Roll Out Crypto Custody for Institutions in 2025
11.03.2025 16:00 1 min. read -
2
Coinbase Introduces 24/7 Crypto Futures Trading in the U.S.
11.03.2025 9:00 2 min. read -
3
Trump Likely to Delay Bitcoin Purchases Until Price Drops, Says Bitwise’s Jeff Park
10.03.2025 21:57 2 min. read -
4
Bitcoin Poised for Breakout – Can It Surge Past $100K?
21.03.2025 21:00 1 min. read -
5
GameStop Plans $1.3 Billion Offering to Fund Bitcoin Purchases, Stock Fluctuates
27.03.2025 8:00 1 min. read
Bitcoin Plunges Below $79,000 as Market Sentiment Worsens
Bitcoin has taken a sudden and significant hit, dropping from $83,000 to below $79,000 within a matter of hours.
Bitcoin Bull Cycle Ends as Market Shifts to Bearish Trend, According to CryptoQuant
CryptoQuant CEO Ki Young Ju recently expressed his view that the bullish phase for Bitcoin has come to an end, pointing to a transition into a bear market.
Experts Predict Major Crypto Move as Bitcoin-Altcoin Correlation Drops
The latest analysis from crypto research firm Alphractal suggests that the connection between altcoin markets and Bitcoin has weakened once again.
Bitcoin’s Decoupling from Stocks? Arthur Hayes Shares Bold Prediction
Arthur Hayes, the founder of BitMEX, has made a bold statement regarding Bitcoin’s role in the changing global financial landscape.
-
1
Deutsche Boerse to Roll Out Crypto Custody for Institutions in 2025
11.03.2025 16:00 1 min. read -
2
Coinbase Introduces 24/7 Crypto Futures Trading in the U.S.
11.03.2025 9:00 2 min. read -
3
Trump Likely to Delay Bitcoin Purchases Until Price Drops, Says Bitwise’s Jeff Park
10.03.2025 21:57 2 min. read -
4
Bitcoin Poised for Breakout – Can It Surge Past $100K?
21.03.2025 21:00 1 min. read -
5
GameStop Plans $1.3 Billion Offering to Fund Bitcoin Purchases, Stock Fluctuates
27.03.2025 8:00 1 min. read
