Market Analysis
Bitcoin remained below key support levels as traders hoped the rally could achieve the highest-ever Thanksgiving Day close for BTC price.
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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.
- Altcoin Watch
Two new XRP ETFs absorbed 80 million tokens on launch as the price formed a bullish flag after hitting resistance at $2.20.
1368 - News
Bitcoin's 200-day trend has turned bearish, which could suggest the bull market is over, but some analysts don’t think we’re there yet.
3188 - Markets News
Bitcoin’s miner margins and NVT metric indicated a bottom range, but a final downside sweep remains possible.
1165 - News
Bitcoin whale deposits to exchanges surged to 9,000 BTC on Nov. 21, with large holders driving 45% of inflows. If it keeps up, Bitcoin could have more to fall.
1267 - Market Analysis
Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, a pending MSCI decision on crypto-focused firms and stress in BTC derivatives.
4373 - Price Analysis
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC's next stop?
2151 - Market Analysis
Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI may add new pressure on the BTC price.
2807 - Market Update
Bitcoin fielded new predictions of a short squeeze as price kept up pressure on key resistance at $88,000, while US stocks went higher.
2489 - Altcoin Watch
Despite Ether’s drop below $3,000, data suggested that ETH price could see a sustained recovery over the next few weeks, as long as the $2,800 support level holds.
1544 - Explained
Learn how falling inflation influences Bitcoin’s identity, investor sentiment and price patterns while highlighting consistent trends across past macro cycles.
- Market Analysis
A Bitcoin bull flag on the price charts projected a rebound to $96,000 as the Puell Multiple indicator suggested that BTC is undervalued at current prices.
1671 - Markets News
Bitcoin losses remained near 20% for November, risking its worst 11th month since the 2018 bear market, but AI predicted a bottom coming this week.
1880 - News
An analyst has warned that Bitcoin’s recent liquidation event may not be finished, with remaining leverage potentially pushing prices somewhere between the $70,000 to $80,000 zone.
3985 - Market Analysis
Bitcoin price stalled as traders considered the impact of Friday’s $14 billion options expiry, with data showing some bullish traders positioning for higher prices.
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