Bitcoin bears celebrate as demand for leveraged long positions hits a six-month low, but crypto traders on X think it's time to go long.
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.
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Bitcoin price is up today, rallying above $63,000 as on-chain data shows BTC accumulation wallets increasing their balance.
502Dogecoin price readies for a recovery as the wider crypto market recovers and traders buy more DOGE on the dips.
287Bitcoin realized price support makes a fresh appearance to continue a classic bull market trend — can BTC price strength escape a historically short correction?
3223BRC-20 tokens saw a sharp decline as investor focus shifted toward Bitcoin Runes, which are also at risk of a major correction.
1977Bitcoin is attempting to reclaim support after dipping below $60,000, while traders dare to dream of an altcoin rebound.
3362Solana price is down 21% in a week, but on-chain and derivatives data highlights investors’ confidence that the network can overcome recent hurdles.
6899Despite Bitcoin briefly falling below the $60,000 mark, the cycle could be entering a reaccumulation period, according to one crypto analyst.
6932Anthony Pompliano says Bitcoin is digital gold, remains the best savings tool and will continue to outperform for years to come.
3744Bitcoin price descends to new lows, dragging altcoins down with it just days before the long-awaited BTC supply halving.
5590Bitcoin price losses crucial support at $60,000 as inflows to the spot Bitcoin ETFs stagnate.
10136BTC price continues its tests of bid liquidity after the latest Wall Street open, but confidence over the Bitcoin bull market remains.
13400Bitcoin ETF outflows, geopolitical turmoil, and higher interest rates are putting downside pressure on BTC price.
29003A classic tug-of-war between Bitcoin buyers and sellers is shaping up on order books, with a BTC price relief bounce sorely needed.
4636Crypto traders are pointing to Bitcoin’s Bollinger Bands being “released slowly” as an indicator that its price could see some downward movement in the short-term.
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