Tag: newsbtc

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Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump

Bitcoin has recently concluded April, marking its most significant monthly decline Despite the bearish momentum, leading market analysts, including Michael van de Poppe, believe that the worst may

Altcoins In Trouble As Seasoned Analyst Predicts 40% Drop In Prices

Altcoins have suffered more in the crypto market following the Bitcoin price crash, leaving a lot of investors in losses This is not out of the ordinary as these altcoins are known to have a higher

Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back

As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level The flagship cryptocurrency has seen several retraces during this bull cycle, with

Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a

Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto

Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst

Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute Drawing from the

Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone

Bitcoin has finally broken below the $60,000 support level for the first time in two months The world’s largest digital asset has largely been in a euphoria phase since the beginning of the

Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge

Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level Bitcoin Fear & Greed Index Has Returned To Neutral Levels The

Bitcoin Milestone Ahead? Analyst Forecasts New Peak This Month

In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory,

Machine Learning Algorithm Predicts Dogecoin Price For May 2024

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall DOGE has been one of the main losers during this

Bitcoin Price Dips Below $57,000: 4 Key Reasons

Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February This downturn represents the sharpest monthly

Solana Crawls: Network Update Fails To Fix Traffic Jam, Price Feels The Pinch

Solana, the self-proclaimed high-speed blockchain darling, finds itself facing an uphill battle A confluence of a broader crypto market downturn and persistent network congestion threatens to stall