WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – FEBRUARY 14
Price Action: Bitcoin: Up 1.5%, trading in a stable range. Bullish above 100,594; bearish toward 90,641. Ethereum: Up 3%, facing resistance. Needs to clear 2,835; bearish if it drops to 2,496. Notable Movers: TRUMP +27.7%, XRP +6.6%, WIF +24.3%, POPCAT +18.3%, SUI +6.3%. Friday UK and China Resume Diplomatic Dialogue […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – FEBRUARY 7
Price Action ⏰ Reminder: we are live on $BERA. After hitting 15.5 it’s settled around 7.5 with over 2.7B traded in the last 24 hours. ETF Flow BTC ETFs: Top by volume – IBIT (1564m), FBTC (402m), GBTC (214m). Net flows: IBIT +44.4m (05/02), FBTC -103.2m, GBTC -42.2m (06/02). Positive inflows signal renewed investor interest. […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 31
Price Action: *Bitcoin’s price has seen a slight decline, closing at around $104,842, with a narrow range indicating consolidation. The sentiment among traders is balanced, but pressure from long positions being closed could lead to a bearish scenario if the price falls below $96,938, while a bullish breakout could occur above $108,276. *Ethereum’s price increased […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 24
Price Action: Bitcoin rose from $101,480 to $105,090, peaking at $106,800 but facing resistance at $108,276. Low funding rates and short liquidations signal cautious optimism, with potential for new highs if the 50-day moving average holds. Ethereum edged up from $3,207 to $3,249, peaking at $3,296. Stable funding rates suggest balanced sentiment, with potential […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 17
Price Action *Bitcoin has seen a significant price increase of about 4.4%, reaching a high of $104,351, with substantial short liquidations suggesting a potential short squeeze. The price remains above key VWAP levels, indicating strong bullish momentum, though a decrease in the funding rate to 0.3 bps suggests caution among leveraged traders, with potential […]
Happy 16th, Bitcoin!
Bitcoin has celebrated numerous key achievements throughout its first 16 years, marking its evolution from a novel concept to a significant player in the financial landscape. Here are the major milestones: Key Achievements in Bitcoin’s First 16 Years 1. Genesis Block Creation (2009) On January 3, 2009, Satoshi Nakamoto mined the first block of the […]
The Cryptocurrency Industry in 2024: A Year in Review
The cryptocurrency market in 2024 was a dynamic and transformative space, marked by major milestones, market shifts, and new trends. Here are the most significant highlights of the year: Bitcoin’s Milestone Bitcoin soared to an all-time high of $108,000 on December 17, following a strong rally after the U.S. presidential election. This surge was fueled […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – DECEMBER 20
Price Action: BTC Bitcoin fell 2.13% over the past 24 hours, dropping from $104,487 to $102,299. It peaked at $104,969 before dipping to $98,837, with heavy trading around $100,700. A rebound could push prices to test resistance at $106,617 if buying interest strengthens. ETH Ethereum declined 4.4% in the last 24 hours, sliding from […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – DECEMBER 13
Price movements: In the last 24 hours, Bitcoin and Ethereum have experienced notable price movements: BTC: Current Price: Approximately $101,390.13. 24-Hour High: Reached around $102,500 before dipping. 24-Hour Low: Dropped to about $99,900. Percentage Change: A slight decrease of approximately 0.96% over the past day. ETH: Current Price: Approximately $3,912.83. 24-Hour Change: Marked a decrease […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – DECEMBER 6
Price Action: *BTC dropped nearly 12.5% in the past hours, sliding from around $103,410 to $90,587. Selling pressure pushed the price before recovering above key support levels and the 30-day VWAP. While the broader trend remains intact, short-term indicators point to potential further downside, urging caution. *ETH declined about 2% over the same period, falling […]
