Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%
Bitcoin holders have been offloading their spot Bitcoin ETF shares as the asset dipped to $92,500 and remains below $95,000. Go to Source
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Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” Go to Source
Majority of altcoins may see a ‘slow bleed’ until late January 2025: VC
Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000. Go to Source
Bitcoin’s compressed $62K price signals ‘a large’ move next
Bitcoin’s consolidating price has a trader suggesting a big move is imminent, though uncertainty remains about the direction of BTC price in the coming days. Go to Source
Bitcoin whale transactions see ‘noticeable’ drop since March price peak
Blockchain analytics firm Santiment says a decline in Bitcoin whale activity is not necessarily a bearish sign. Go to Source
Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’
Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below. Go to Source
US Fed rate cut could push Bitcoin down 20%: Analysts
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market. Go to Source
Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.” Go to Source
Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year. Go to Source
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC. Go to Source
