Bitcoin

Bitcoin declined by 5.3% between Oct. 9 and Oct. 10, reaching a three-week low of $58,900. The market correction began after the United States reported higher-than-anticipated consumer inflation data, suggesting traders are concerned that the Federal Reserve has less incentive to continue cutting interest rates in the near future. The Bitcoin (BTC) reaction reflects investor

Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.  Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a TradingView post that

Bitcoin dips below $61K despite Fed’s dovish stance Gino Matos · 2 months ago · 2 min read The FOMC minutes published on Oct. 9 effectively confirmed a 50 basis point cut in interest rates this year, but Bitcoin failed to mirror the rally in equities. 2 min read Updated: Oct. 10, 2024 at 12:21

The Bitcoin (BTC) price faced the largest liquidations since 2021 of over $1.78 billion overleveraged positions, triggering a downfall from $101K. The token faced a 6% drop and marked the lows close to $94,000. Meanwhile, the price has bounced back as the sellers seem to have exhausted, pushing the token above $98,000 at the moment.

A leading Bitcoin (BTC) mining firm, Marathon Digital Holdings (MARA), has acquired a significant 11,774 BTC for $1.1 billion, as reported by MARA on X (formerly Twitter). MARA made these purchases during a recent market dip, acquiring BTC at an average cost of $96,000 each. MARA’s Bitcoin Holding  With this notable BTC acquisition, MARA’s total

Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Bitcoin As Financial Reserve Option Shareholders of Amazon urged the

Ever since the Bitcoin price smashed a new ATH above $104K, the token has been failing to sustain the gains. The star token has been constantly testing the highs above $100K but is closing the day’s trade below the range. This could have raised the uncertainty over the token and, as a result, the selling

Bitcoin opened October with an initial 8% correction, however it has since recovered some of these losses. CryptoQuant analysts report stagnant demand since July, threatening ‘Uptober’ optimism. Long-term holders are selling off Bitcoin, reducing exposure amid market highs and volatility. CryptoQuant’s CEO and other analysts caution against overanalysing macro factors, emphasising public consensus on Bitcoin’s