Interest in Bitcoin is in long-term decline, according to data compiled by Google Tendencies. That’s despite recent innovation in BRC-20 tokens and price recovery in 2023. Refereeing by Google search frequency, interest in Bitcoin is at the lowest point in two years. Worldwide search volume for the world’s oldest cryptocurrency has reached its lowest level […]
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Bitcoin’s Spent Output Profit Ratio (SOPR) could repeat history, helping investors stay profitable, as ELR indicated a renewed interest in opening up BTC derivatives contracts Expecting a short-term Bitcoin [BTC] rally is something many market participants may not expect. However, a pseudonymous CryptoQuant analyst Crazyblockk has spoken out that it is not impossible. How much […]
Continue ReadingBitcoin, Ether Trade Sideways As QCP Money wrote in a recent note, this week will be “action-packed” with U.S. CPI and the June FOMC approaching. This promises volatility on the horizon, and we may finally get the breakout in BTC/ETH that we started positioning for this month, however, it just needs to start, and that […]
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Traders should prepare for a sharp increase in volatility. After the altcoin sell-off and the resulting (moderate) drop in the Bitcoin price on Friday, the digital asset market may be facing the most explosive week of the year. Extremely important events are coming up in the trading week that begins today. Specifically, those events include […]
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Bitcoin’s course had to accept a setback in recent days. The Bitcoin price has fallen slightly in recent days. The cryptocurrency crash triggered by the SEC lawsuit against Binance also affected Bitcoin, which fell below the $26,000 mark. Compared to Altcoins, though, Bitcoin’s price has lost significantly less. Above the $27,000 mark, the BTC price […]
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