Key points: Bitcoin (BTC) is at its highest levels since January, and traders are eyeing key levels to watch for what’s next. After hitting $104,000, BTC/USD is retracing to establish support, but the fate of $100,000 is among the concerns for market participants. Current price action represents an important battleground, as measured from the $75,000 lows this year. ” Headline driven” BTC price gains draw scrutiny Just $6,000 from new all-time highs, per data from Cointelegraph Markets Pro and TradingView, BTC price action has stunned the market by jumping 10%…
Day: May 9, 2025
Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows
Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000. Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the amount of the asset becoming involved in trading on spot exchanges and that on derivatives ones. When the value of…
Can XRP 50x? Whale Buys Big Amid SEC Settlement Hopes
Key Notes Whale accumulation of over 880 million XRP in the past month highlights heightened investor interest, setting the stage for a potential rally. If history repeats, XRP could rise above the 2.618 Fibonacci level, potentially exceeding $123. The SEC and Ripple Labs are moving toward resolving their long-standing legal battle, with the SEC requesting to lift an injunction. Following the US Securities and Exchange Commission (SEC) filing a settlement agreement, XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B price has surged 10%, moving…
How high can Bitcoin price go?
Key takeaways: Bitcoin was up 4.3% on May 9, after breaking $100,000 for the first time since February. BTC price gains trigger $800 million in short liquidations, the largest since 2021. A bull flag on the weekly chart suggests a $182,200 target, with analysts predicting Bitcoin’s price can go as high as $1 million in 2025. Bitcoin’s (BTC) price is up 4.3% on May 9 as a fresh liquidity cascade sent BTC price soaring above $100,000 for the first time in over 90 days. BTC/USD pair trades above $100K for…
Massive Buy Pressure Hits Binance as Bitcoin Reclaims $100,000
Bitcoin’s price has finally reclaimed the $100,000 milestone after ranging below it for several weeks. This latest surge signals renewed momentum in the broader crypto market. At the time of writing, the asset trades at $100,383, reflecting a 3.5% gain over the past 24 hours. Despite this climb, Bitcoin remains roughly 8.4% % below its all-time high of $109,000 reached in January 2025, highlighting room for further upside if buying interest persists. Buy-Side Pressure Mounts as Key Metric Hits Bullish Threshold A CryptoQuant analyst has reported that the Taker Buy-Sell…
Is the meme coin rally back? Dogecoin, Shiba Inu and Pepe see double-digit gains
Meme coins have been thrust into the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak. Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) rallied alongside Bitcoin (BTC) as the largest cryptocurrency beat the $100,000 milestone and climbed past the resistance on Thursday. DOGE, SHIB and PEPE’s price dipped slightly, down 2%, 1.60% and 3.51% on the…
Germany seizes $38M in crypto from Bybit hack-linked eXch exchange
German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack. The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office, involved multiple crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). The move marks the third-largest crypto confiscation in the BKA’s history. The authorities also seized eXch’s German server infrastructure with over eight terabytes of data and shut down the platform,…
Bitcoin (BTC) Price Past $100K: New ATH Next?
Key Notes Bitcoin has reclaimed $100K, triggering renewed bullish signals across on-chain and technical indicators. All age bands are now in profit, marking a full recovery in holder profitability and signaling strong investor conviction. The Bull-Bear 30DMA has started to curve upward, suggesting an impending period of massive growth. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B has reclaimed the $100,000 level for the first time in months, trading at around $102,000 at the time of writing — a nearly 4% surge in…
$800M in Shorts Liquidated — Is a Major Crypto Rally Coming?
Key Notes Bitcoin’s market cap has also surpassed Amazon, making it the fifth most valuable asset globally. Ethereum (ETH) led the altcoin market rally with a 17% gain, with a breakout from a five-month descending broadening wedge pattern. Other altcoins followed the bullish trend, with Dogecoin (DOGE) and Cardano’s ADA rising by more than 10%. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B and the broader crypto market have shot up significantly, triggering nearly $900 million in liquidations over the last 24 hours.…
Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a recent CryptoQuant Quicktake post by on-chain analyst BorisVest, Ethereum (ETH) appears to be stuck in a state of limbo. While retail investors are increasingly sending ETH…