Bitcoin price is still fighting to break back above $60,000 per coin, but things could push higher according to miner behavior. After dumping more than a half a million BTC on the market during the bull rally, and barely being able to make a dent in terms of price decline, miners might have finally given […]Read More
Profit-taking sentiment continued to trouble the Bitcoin market as the cryptocurrency fell three days in a row. The BTC/USD exchange rate slid up to 4.33 percent on Tuesday to reach an intraday low of $53,221. The pair’s move downhill came as a part of a broader bearish correction that started after it refreshed its all-time […]Read More
Certain on-chain metrics on the Bitcoin chart are flashing “dumping risks,” according to data fetched by Kim-Young Ju of CryptoQuant. The chief executive warned about an indicator known as “All Exchange Inflow Mean (144-block MA)” recently venturing into an area that typically precedes a bearish price move. In retrospect, the metric reflects the average of […]Read More
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