Bitcoin price reversed course at the $71,000 level as professional traders' confidence began to waver.
Markets News
Crypto markets provide a bird’s-eye view of a burgeoning crypto economy including Bitcoin (BTC) and a host of other crypto networks. The cryptocurrency market is radically different from the traditional global financial and commodities markets. Not only is the structure of these underlying assets fundamentally different, as they are natively digital and noncustodial in many cases, but the market participants are different as well.
Cryptocurrency networks such as Bitcoin feature a unique composition of stakeholders. There are the miners, which provide security and uptime to the network while earning cryptocurrency for their efforts; traders and investors navigating the ebbs and flows of the market for maximum profits; developers, who are the open-source builders working toward scaling and improving these protocols; and individual users, who may speculate or use their crypto to some productive capacity.
The dynamics among these stakeholders in these decentralized, open, permissionless systems are in striking contrast to traditional finance and are main topics of discourse in the space.
Stay tuned to news, analysis and in-depth coverage of crypto markets with Cointelegraph.
- 12521
Grayscale says multiple metrics make it clear that Bitcoin is in the “middle of the bull run.”
4404The max pain Bitcoin price is at around $50,000 as over 134,000 BTC are set to expire on Deribit on March 29.
6539Bitcoin's old 2021 all-time high proves to be a magnet as bulls' latest charge is cut off near two-week BTC price highs.
3897Today's Litecoin price surge comes after a significant influx of LTC supply into circulation and a rising hash rate ahead of Bitcoin's halving event.
650Bitcoin analysis is counting down to a BTC supply squeeze unlike any other — one which should come within the next year.
15035SOL price struggles to rally above $200, but on-chain and derivatives metrics point to a healthy market.
7951Bitcoin price remains shaky at the $70,000 resistance, but on-chain data suggests market participants are preparing for a stronger rally.
8555Four market experts assess the current state of the Bitcoin market and where it is heading next.
6237DOGE's bullish fractal also gains support from expectations of interest rate cuts, the upcoming Bitcoin halving, and Elon Musk's influence.
7689BTC price analysis warns that "downside is the path of least resistance" despite Bitcoin rebounding from its latest dip.
8546BTC price strength continues to enjoy a flash turnaround this week as analysis says Bitcoin ETF bid interest is “back.”
2692Solana flipped Ethereum in weekly stablecoin transfer volume as investors chase after yield, airdrops and high returns from the memecoin frenzy.
2254Bitcoin futures and options indicate growing strength at BTC’s $70,000
11608Bitcoin has risen above $70,000, indicating that the bulls are back in the driver’s seat.
4863