Tag: 118K

Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

The Smarter Web Company Buys 295 BTC Amid $118K Dip

Key Notes The Smarter Web Company purchased 295 BTC for $35.35 million. The purchase was made at an average price of $119412 per coin. Purchase comes amid Bitcoin’s drop to $118K after reclaiming $121K on Monday. The Smarter Web Company has expanded its Bitcoin BTC $118 574 24h volatility: 2.2% Market cap: $2.36 T Vol. 24h: $49.39 B holdings once again, purchasing an additional 295 BTC at an average price of $119,412 per coin, totaling $35.35 million in its latest acquisition. The London-listed technology firm, known for its web design,…

Bitcoin Languishes Under $118K Even as GDP Jumps 3%

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U.S. President Donald Trump celebrated the newly released economic data and once again urged the Federal Reserve to cut rates. Three Percent GDP Jump Fails to Lift Bitcoin Past $118K Resistance U.S. gross domestic product (GDP) grew by 3% in the second quarter, according to new economic data published on Wednesday by the Department of […] Original

Bitcoin Back at $118K After Trump’s EU Trade Deal

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The trade agreement was announced on Sunday in Scotland, where U.S. President Donald Trump has been touring for the past few days. BTC Regains $118K in the Wake of Trump’s Trade Agreement With EU U.S. President Donald Trump says he closed “the biggest deal ever made” after successfully negotiating a trade agreement with the European […] Original

Bitcoin Hits $1T Realized Cap as Price Holds Above $118K After $9B BTC Sale by Satoshi-Era Whale

Bitcoin continues to trade above the $118,000 mark, holding steady after a week of significant institutional developments and a landmark milestone in on-chain metrics. According to CryptoX Data, BTC was last up 1.45% over the past 24 hours, bringing its 30-day gain to 10.42% and lifting its year-to-date performance to more than 26%. Blockchain analytics firm Glassnode highlighted in its latest “Week On-chain” report that July has brought one of the strongest upside breakouts of the year. After dipping to around $105,400 earlier in the month, bitcoin surged to an…

Bitcoin Price Reclaims $118K Liquidity as BTC Traders Hope For New Highs Next

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Key takeaways: Bitcoin traders now turn their focus to higher levels after Friday’s $115,000 liquidity grab. Fundstrat’s Tom Lee predicts Bitcoin could hit $250,000 by year-end.  Bitcoin (BTC) recovered sharply after sweeping range lows on Friday and is trying to continue its uptrend into the weekend, indicating that bulls are still in control of the market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin traders eye highs after $115K liquidity grab Data from Cointelegraph Markets Pro and TradingView showed daily gains surpassing 2% as BTC/USD reached $118,300 on Bitstamp. Now up $3,700…

Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin Price Watch: $117.5K to $118K Consolidation Signals Tension Before Breakout

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Bitcoin’s price holds steady at $118,000 as it continues to consolidate below key resistance levels. The asset commands a market capitalization of $2.34 trillion with strong 24-hour trading volume of around $24.52 billion and an intraday range of $117,502 to $118,483, indicating subdued volatility near a psychological inflection point. Bitcoin On the 1-hour chart, bitcoin […] Original

Crypto ETPs See 3.7B Inflows As Bitcoin Surges Past $118K

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Cryptocurrency investment products experienced strong inflows during the last trading week, amid Bitcoin surging to historic highs of $118,000. Global crypto exchange-traded products (ETPs) recorded $3.7 billion of inflows for the trading week ending Friday, CoinShares reported on Monday. The fresh gains further increased crypto ETPs’ year-to-date (YTD) inflows, which surged to a new high of $22.7 billion, up about 20% from last week’s $19 billion. The total market value of assets in crypto funds also broke new ground, with assets under management (AUM) for the first time reaching $211…