Bitcoin: Pro Ripple lawyer believes BTC holders might push price above $50K $BTC
has spotted a positive sign for the largest cryptocurrency by market capitalization, Bitcoin.
"If nearly 80% of Bitcoin hasn't moved, it might be a sign that people aren’t selling. Very interested to see what happens with that percentage at 50K and 75K," Deaton tweeted. In another tweet, Will Clemente noted that despite Bitcoin roughly doubling off its lows, every day a new record high is set in the amount of supply that has not moved in at least a year.
On-chain analytics firm Glassnode observes that a stable equilibrium was reached at about $26,000 before the price rally.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought – Market Updates Bitcoin NewsBitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Ahead of US Consumer Confidence Report – Market Updates Bitcoin NewsAfter a three-day losing streak, bitcoin rebounded on Tuesday, ahead of the upcoming consumer confidence report in the United States.
Read more »
Bitcoin (BTC) Just Beat New Price Record$BTC had a rough start to the year, but its dominance is on the rise again as it had its highest weekly close this year
Read more »
Bitcoin surfs $30K as traders hope US trading will boost BTC priceBitcoin bulls hope Wall Street will add fresh fuel to the BTC price fire above $30,000.
Read more »
Bitcoin (BTC) Trades at $1,000 Discount on Binance US, Here's What Happened.KaikoData Bitcoin (BTC) at $1,000 discount on Binance US, what's going on? $BTC
Read more »
BTC price metric warns that Bitcoin speculators may sell past $33KCan Bitcoin's short-term holders resist the urge to take profit above $33,000?
Read more »