Tag: Price

BTC price at Risk? Institutions No Longer Absorbing Newly Mined Bitcoin

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Key takeaways: BTC demand fell below daily mining supply for the first time in seven months. Spot Bitcoin ETFs saw $1.67 billion in net outflows since Oct. 11. Bitcoin treasury firms trading below NAVs signal eroding confidence, potentially pressuring BTC prices further. Institutional demand for Bitcoin (BTC) has dropped below the daily amount mined, raising concerns about BTC’s long-term stability, according to an analyst.  Bitcoin supply-demand dynamics shift While Bitcoin mining output has remained relatively constant, demand from institutional buyers has “dropped below the daily mined supply for the first…

Bitcoin Gets Sub-$100,000 Target as BTC Price Cancels Weekend Gains

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Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. US-China trade deal hopes are sustaining stocks, while crypto fails to join the party as Fed rate-cut nerves return. Institutional demand reaches seven-month lows compared to the newly mined BTC supply. Bitcoin retail investors are in retreat, as…

Bitcoin price dips below $108K as Binance data turns bearish

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Bitcoin fell below $108,000 as rising reserves on Binance and cooling institutional demand indicate a loss of short-term momentum. Summary Bitcoin price has retraced 2.7% in the last day with 63% higher daily volume. Binance data shows fading bullish alignment as exchange reserves climb. Technicals lean bearish with support at $106K and resistance near $111K. Bitcoin was trading at $107,607 at press time, down 2.7% in the past 24 hours. The asset has moved between $106,786 and $115,957 over the last week, dropping 6.4% in seven days and 12% in…

XRP Price Stays Weak — Bearish Outlook Intact Under $2.60 Resistance

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Falls to $0.18 as ‘Death Cross’ Price Action Appears

Dogecoin slipped 2.3% to $0.1827 during Tuesday’s trading session, breaking decisively below key support at $0.1830 as whale distribution accelerated and long-term holders began exiting positions. The decline came amid a deteriorating technical backdrop and increased selling activity across large wallets. News Background DOGE dropped from $0.1870 to $0.1827 across the 24-hour window, carving out a $0.0070 range that marked its third consecutive session of lower highs. Price Action Summary The decline followed three failed recovery attempts above $0.1860, solidifying resistance at that level. Heavy distribution persisted throughout the U.S.…

CZ Buy Disclosure Sends Aster Price Soaring Over Thirty Percent

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The native token for the decentralized exchange protocol Aster spiked over 30% on Sunday after Binance co-founder Changpeng “CZ” Zhao disclosed that he now holds over $2.5 million in Aster.  CZ shared his wallet holdings in an X post on Sunday, and said he bought “some Aster today, using my own money on Binance.” “I am not a trader. I buy and hold,” he added. The post prompted Aster to jump from $0.91 to a peak of $1.26, according to CoinGecko. At time of publication, it was trading at $1.22.…

Ethereum Stuck Tight Price Range — Here Are The Levels To Watch

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Bitcoin price death cross form as BTC ETF outflows jump $607m

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Bitcoin’s price rose over the last three days, moving from a low of $106,340 to the current $110,000, as investors bought on the post-Federal Reserve interest rate decision dip. Summary Bitcoin price has formed a death cross pattern on the daily chart. Spot Bitcoin ETFs shed over $600 million in assets last week. Odds of the Federal Reserve interest rate cuts in December fell to 66%. Bitcoin price death cross points to a steep crash The daily timeframe chart shows that Bitcoin (BTC) has slumped in the past few days,…

Bitcoin Coinbase Premium Gap Enters Deep Red Zone — Impact On Price?

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The price of Bitcoin closed the historically bullish month of October on a loss for the first time in seven years. While the month started in typical fashion—on a bullish tear, the intense downturn didn’t begin until October 10, when US President Donald Trump threatened new trade tariffs on China. Now, although the United States and China seem to have found a temporary truce, the cryptocurrency market has been unable to find similar relief. In fact, the latest on-chain data suggests that US investors are still less optimistic about the digital asset…