After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the current $400 billion market capitalization gives BTC a position in the top-20 global tradable assets, surpassing giants like Walmart (WMT), Mastercard (MA) and Meta Platforms (META). From one …
Read More »Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K read full article at worldnews365.me
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Luna ecosystem …
Read More »Bitcoin price rallies to $19K, but analyst says a $17.3K retest could happen next read full article at worldnews365.me
Bitcoin (BTC) price has gained 15% in the past 13 days, and during this timeframe, traders’ bearish bets in BTC futures were liquidated in excess of $530 million compared to bulls. After rallying to $19,000 on Jan. 12, Bitcoin reached its highest price since the FTX exchange collapse on Nov. …
Read More »A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350 read full article at worldnews365.me
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend. Will Ethereum’s former resistance level turn to support? After testing the $1,200 …
Read More »Bitcoin price rally to $18K possible as $275M in BTC options expire on Friday read full article at worldnews365.me
Bitcoin (BTC) price jumped to $17,500 on Jan. 11, driving it to its highest level in three weeks. The price move gave bulls control of the $275 million BTC weekly options expiry on Jan. 13 because bears had placed bets at $16,500 and lower. The recent move has perma-bulls and …
Read More »Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy read full article at worldnews365.me
Merchants may rejoice now that Bitcoin worth ventured above $17,400, however twenty-seven lengthy days have handed since Bitcoin (BTC) final breached the $17,250 resistance. On December 13, after a two-week-long lateral motion, Bitcoin posted a 6.5% rally towards $18,000 and although the present motion nonetheless lacks power, merchants imagine {that …
Read More »3 ways crypto derivatives could evolve and impact the market in 2023 read full article at worldnews365.me
Futures and choices let merchants put down solely a tiny portion of a commerce’s worth and guess that costs will go up or all the way down to a sure level inside a sure interval. It could actually make merchants’ earnings larger as a result of they will borrow more …
Read More »3 reasons why Bitcoin is likely heading below $16,000 read full article at worldnews365.me
December will seemingly be remembered by Bitcoin’s (BTC) faux breakout above $18,000, however other than that temporary overshoot, its trajectory was totally bearish. Actually, the downward development that at present affords an $18,850 resistance may deliver the BTC worth under $16,000 by mid-January. Bitcoin/USD worth index, 12-hour. Supply: TradingView A …
Read More »Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern read full article at worldnews365.me
Ether (ETH) has been ranging close to $1,200 since Dec. 17, however an ascending pattern has been quietly gaining energy after 50 consecutive days. The sample factors to $1,330 or greater by March 2023, making it important for bulls to defend the present $1,180 help. Ether/USD 1-day candle chart. Supply: …
Read More »Bitcoin bears well positioned for Friday’s $2.5 billion options expiry read full article at worldnews365.me
A year-end wager for $80,000 Bitcoin (BTC) may appear fully off the desk now, however not a lot again in March as BTC rallied to $48,000. Sadly, the two-week 25% features that culminated with the $48,220 peak on March 28 had been adopted by a brutal bear market. It is …
Read More »