Currencies34248
Market Cap$ 4.11T+0.36%
24h Spot Volume$ 76.81B+4.78%
DominanceBTC57.49%-0.06%ETH11.39%+0.87%
ETH Gas2.38 Gwei
Cryptorank

Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why


by Olivia Stephanie
for CryptoPotato
Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why

TL;DR

  • Bitcoin trades sideways between $116.8K and $119.5K, with liquidity swept on both ends.
  • Michaël van de Poppe expects a stronger move the longer BTC remains rangebound.
  • CryptoQuant data shows Bitcoin is in a neutral phase with no trend dominance yet.
  • On-chain signals mirror 2020 patterns, hinting at a possible bull cycle end soon.

Price Holds in Narrow Band

Bitcoin (BTC) was priced at $118,300 at press time, down 0.2% over the week. For several weeks now, the asset has been moving in a tight zone without direction. Traders are showing caution ahead of today’s FOMC interest rate decision.

Read the article at CryptoPotato

Read More

XRP Outshines BTC and ETH in This Crucial Metric but Prices Take a Hit

XRP Outshines BTC and ETH in This Crucial Metric but Prices Take a Hit

XRP was stopped once again ahead of the $3.3 resistance.
Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen

Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen

Bitcoin OGs appear to be selling out, and institutions are buying up their coins in w...

Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why


by Olivia Stephanie
for CryptoPotato
Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why

TL;DR

  • Bitcoin trades sideways between $116.8K and $119.5K, with liquidity swept on both ends.
  • Michaël van de Poppe expects a stronger move the longer BTC remains rangebound.
  • CryptoQuant data shows Bitcoin is in a neutral phase with no trend dominance yet.
  • On-chain signals mirror 2020 patterns, hinting at a possible bull cycle end soon.

Price Holds in Narrow Band

Bitcoin (BTC) was priced at $118,300 at press time, down 0.2% over the week. For several weeks now, the asset has been moving in a tight zone without direction. Traders are showing caution ahead of today’s FOMC interest rate decision.

Read the article at CryptoPotato

Read More

XRP Outshines BTC and ETH in This Crucial Metric but Prices Take a Hit

XRP Outshines BTC and ETH in This Crucial Metric but Prices Take a Hit

XRP was stopped once again ahead of the $3.3 resistance.
Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen

Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen

Bitcoin OGs appear to be selling out, and institutions are buying up their coins in w...