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Bitcoin Technical Analysis: Intraday Support at $98K Tested as $104K Resistance Looms

Bitcoin Technical Analysis: Intraday Support at K Tested as 4K Resistance LoomsOver the past hour, bitcoin’s price holds tight at prices between $101,696 to $102,057 on Dec. 19, 2024, with a market cap of $2.01 trillion. It danced between $98,839.87 and $104,967 during the day, backed by a lively $104 billion in trades over 24 hours. Bitcoin On the daily chart, bitcoin rocketed from around $87,000 […]

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut

Bitcoin Slides to a Low of 0,227 Following Federal Reserve Rate CutBitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900 to $101,150 per coin by press time. Derivatives Liquidations Soar as Bitcoin Falls The latest […]

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin $108K all-time high lasts seconds as BTC price dives 2.4%

Bitcoin runs into fresh volatility as analysts warn that “multiple weeks” of BTC price upside may be at stake.

Bitcoin (BTC) hit flash volatility after the Dec. 17 Wall Street open as new all-time highs preceded a snap downturn.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD reached its highest-ever levels before diving over $2,000 in minutes.

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin price eyes ’round number’ next as bulls run past $106K

Bitcoin markets diverge from altcoins to continue the quest for BTC price discovery.

Bitcoin (BTC) targeted fresh all-time highs at the Dec. 16 Wall Street open as the United States traditional finance trading week opened with a pop.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView captured a BTC price spike of nearly $2,000 in a single hourly candle.

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

BTC Mania: Bitcoin’s Meteoric Rise Past $107,000

BTC Mania: Bitcoin’s Meteoric Rise Past 7,000Bitcoin (BTC), the world’s leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets. Key contributors to bitcoin‘s surge include increased institutional adoption […]

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin Technical Analysis: Bulls Eye $110K After All-Time High Breakout 

Bitcoin Technical Analysis: Bulls Eye 0K After All-Time High Breakout Bitcoin’s price, now hovering between $105,025 to $105,269, showcases a lively market with a 24-hour trade volume hitting $82 billion and a market cap soaring to $2.08 trillion. Bitcoin On the 1-hour chart, bitcoin‘s recent leap past $105,000 highlights a powerful bullish breakout, touching a record peak at $106,533. Short-term support is pegged around $104,000, […]

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin Technical Analysis: Is $103,000 the Final Hurdle Before a Massive Rally?

Bitcoin Technical Analysis: Is 3,000 the Final Hurdle Before a Massive Rally?Bitcoin’s price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250. The $99,000-$99,500 range has shown dependable […]

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin analysis: Start selling BTC when this key metric hits 4%

Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, CryptoQuant said.

Bitcoin hodlers should start selling BTC “aggressively” once realized profits reach a key milestone, analysis says.

In one of its Quicktake blog posts on Dec. 13, onchain analytics platform CryptoQuant told readers to watch the portion of the Bitcoin (BTC) supply “in loss.”

Bitcoin bull markets have a habit of ending when supply profitability crosses a certain threshold, CryptoQuant said.

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation

The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.

BlackRock, the world’s largest asset manager, said an up to 2% portfolio allocation is “reasonable” for investors who wish to hold Bitcoin (BTC), according to a Dec. 12 report.

The report, which was shared with Cointelegraph and first reported by Bloomberg, says 1-2% is “a reasonable range for a Bitcoin exposure” but cautions that larger allocations “would sharply increase Bitcoin’s share of the overall portfolio risk.”

Meanwhile, a 1-2% BTC allocation poses “on average, about the same share of overall portfolio risk” as a typical allocation to “the ‘magnificent 7’ group of mostly mega-cap tech stocks” in a portfolio comprising 60% stocks and 40% fixed income assets, BlackRock said. 

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

Bitcoin bulls ignore PPI shock as whales fuel BTC price run to $102K

Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.

Bitcoin (BTC) came within 1% of new all-time highs on Dec. 12 as whales ate away at sell-side liquidity.

BTC/USD 4-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $102,000 after the Wall Street open.

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants