Bitcoin has deepened its decline in the past day with its price now slipping below $63,000. Here’s where the next potential support is, according to on-chain data. Bitcoin Could Find Support At These Price Levels In a new post on X, analyst Ali has discussed how the Bitcoin support and …
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On-chain data shows the Bitcoin mining hashrate has registered a plunge from the fresh all-time high (ATH) it had just recently set. Bitcoin Mining Hashrate Has Dived Down Recently As the Bitcoin network works on the proof-of-work (PoW) consensus mechanism, validators called miners have to compete with each other using …
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The Bitcoin Fear & Greed Index shows that the sentiment around the asset has cooled off a bit recently, something that could pave the way for a rebound. Bitcoin Fear & Greed Index Has Gone Through Some Decline Recently The “Fear & Greed Index” is an indicator created by Alternative …
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As Bitcoin drops below $68,000, history suggests this correction is rather tame for bull markets, as plunges to this deep on-chain level have been the norm. Bitcoin Short-Term Holder Realized Price Is Currently Around $53,200 As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, BTC …
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Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been …
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On-chain data shows the total number of Dogecoin millionaires has observed a steep increase over the past month, a sign of strong accumulation. Dogecoin Millionaires Have Jumped 76% In Past Month According to data from the market intelligence platform IntoTheBlock, the number of Dogecoin millionaires has been skyrocketing recently. “DOGE …
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On-chain data shows the Bitcoin miners have just witnessed their second highest revenue day in the entire history of the cryptocurrency. Bitcoin Miners Just Raked In Almost $76 Million In Total Revenue As pointed out by CryptoQuant head of research Julio Moreno in a new post on X, the BTC …
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Data shows the Bitcoin sentiment has now reached extreme greed levels higher than even those at the price all-time high (ATH) in November 2021. Bitcoin Fear & Greed Index Is Deep Inside Extreme Greed Territory Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track …
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The Bitcoin “bull-bear” indicator from the on-chain analytics firm CryptoQuant has recently flagged the cryptocurrency’s price to be “overheated.” Bitcoin May Be Overheated According To This Indicator As pointed out by CryptoQuant Head of Research Julio Moreno in a post on X, the BTC price has increased so fast that …
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On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower. A Large Amount Of Bitcoin Was Bought Near Current Prices As explained by analyst Ali in a new post on X, BTC has a major support …
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Cardano (ADA) is among the few cryptocurrencies that are still observing loss-taking being the dominant behavior among investors. Bitcoin & Ethereum See Profit-Taking, While Cardano Is Seeing Capitulation According to data from the on-chain analytics firm Santiment, Bitcoin (BTC) and Ethereum (ETH) have both been seeing the investors majorly selling …
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Data shows the Bitcoin market sentiment has retreated away from the extreme greed territory, something that may pave way for the rally to continue. Bitcoin Fear & Greed Index Is Currently Pointing To ‘Greed’ The “Fear & Greed Index” is an indicator created by Alternative that measures the general sentiment …
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