Tags : Crucial

Bitcoin

This crucial Bitcoin metric reached a high. But traders don’t

Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed. $BTC spot exchanges outflow transaction count hits a year high View chart👉https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ — CryptoQuant.com (@cryptoquant_com) July 6, 2021 As the network re-adjusted its difficulty, Bitcoin mining saw a sharp […]Read More

Bitcoin

Bitcoin Weekly Outlook: Crucial Support Promises $60,000-Breakout

Key Bitcoin Takeaways Bitcoin prices edged lower during the weekend session amid choppy sentiment. The cryptocurrency remained resilient to aggressive bullish moves against a firmer US dollar and Treasury yields. Nevertheless, it holds above crucial technical support, eyeing a breakout above $60,000. Bitcoin underwent a minor sell-off during the weekend session but held above a […]Read More

Bitcoin

Bitcoin Weekly Outlook: T-Bonds Threaten Crucial BTC/USD Support

Key Bitcoin Takeaways: Bitcoin fell wildly last week as the US dollar capitalized on rising Treasury bond yields. Nonetheless, dip-buying sentiment near a technical support level kept the cryptocurrency’s bullish bias intact. A further rise in yields could have bears test the support area for a breakdown. The BTC/USD exchange rate logged a sharp rebound […]Read More