Bitcoin is currently facing a critical test, having retraced over 19% from local highs and holding above a key demand level around $54,000 that supports the market structure. This level…
Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics…
Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the case at the moment. Current market dynamics suggest that such…
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to…
The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear…
After enduring a significant downturn at the beginning of the past week, Ethereum (ETH), the second-largest cryptocurrency, has staged a modest recovery, reclaiming the crucial $2,600 level and setting its…
A CryptoQuant analyst says Ether (ETH) could experience a rally soon, as shown by metrics in the cryptocurrency’s futures market. According to a post by the analyst, Shayan, ETH has…
Bitcoin’s latest price correction has the asset hovering around key support levels that could mean more doom for the market. CryptoQuant’s analysts say the cryptocurrency has pierced a key level…
Following the Bitcoin price crash below $60,000, hopes for the BTC price to reach a new all-time high, at least for the short-term, seem to have been shattered. However, over…
Bitcoin‘s recent price recovery has triggered renewed optimism within the community regarding the crypto asset’s short-term prospects, with several analysts predicting an imminent price surge for BTC. Following the market…
