BTC
The most well-known cryptocurrency, based on the proof-of-work blockchain. Bitcoin was created in 2009 by a mysterious creator, Satoshi Nakomoto, and its technology outlined by the white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Bitcoin Might Get More Volatility by the End of the Week, Market Analyst Reveals
Market analyst Lark Davis believes that Bitcoin might get more volatility as the week comes to an end based on the formatting of a triangle pattern.
Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion
Bitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.
76.7% of Bitcoin Supply is Illiquid- What This Means
On-chain analyst William Clemente III noted that Bitcoin price could continue going up in the long term because 76.7% of Bitcoin is illiquid.
A High Correlation Regime Between Bitcoin and Ethereum Persisted Since 2018
Bitcoin (BTC) and Ethereum (ETH) have had a strong correlation since 2018, despite the emergence of a new bull run last year, as acknowledged by crypto data provider Skew.
Bitcoin Supply Gets Back to Long-Term Holders
Bitcoin supply is finding its way back in the hands of long-term holders.
Bitcoin Inflows Into Exchanges Hits a 5-Month Low
Bitcoin inflows into crypto exchanges dropped to a 5-month low.
Bitcoin’s Average 30-Day Trader Returns Haven’t Dipped This Low Since Black Thursday
On-chain metrics provider Santiment revealed that the latest correction in the market has made Bitcoin’s average 30-day trader returns slip to lows not seen since Black Thursday.
Huobi & BTC.Top Reportedly Suspends Business Operation in China
Cryptocurrency mining operators, including Huobi and BTC.TOP, are reportedly halting their business in mainland China, sources said.
Bitcoin Drops Down Nearly 50% from its Peak-Where is the Key Support Level?
The largest mainstream cryptocurrency Bitcoin continues another round of sell-off after a roller-coaster week trading. On Sunday, Bitcoin's biggest drop reached to 18% and fell to the lowest $31,111. This price was almost half of the $64,854 Bitcoin hit its All-Time High (ATH) on April 14 this year.
Bitcoin Lost Over $500 Billion in Market Capitalization With the Latest Correction
The downtrend witnessed in the Bitcoin market has caused the top cryptocurrency to shed more than $500 billion in market cap.