Market News

Ethereum (ETH) Hammered Down To $950 As Crypto Selloff Deepens

Ethereum (ETH) fell below $1,000 for the first time in over a year as the broader cryptocurrency market continues to slide south with no quick cure in sight, or at least not yet. Ether (ETH) has been one of the cryptocurrencies that has done particularly poorly, dropping 7.32 percent over the past day to track …

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Bitcoin Supply In Loss Reaches 50% As BTC Drops Below $20k

On-chain data shows that the percentage loss of Bitcoin supply has increased to nearly 50% now as the cryptocurrency price drops below $20K. 49.94% of the total Bitcoin supply is now experiencing some losses As pointed out by an analyst at CryptoQuant MailThe drop of less than $20,000 has now put nearly 50% of the …

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Bitcoin Breaches $19K Level – Will Selloff Continue? What’s The Next Bottom?

Bitcoin (BTC) price is currently trading below the $20,000 mark, reaching a low of $19,147 on Saturday, according to statistics from Coingecko. With the entire cryptocurrency market still battered, the price of BTC dropped below its all-time high of $20,000 in 2017, and the market as a whole continues to suffer huge losses. At the …

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Bitcoin Long-Term Holders Now Own Nearly 80% Of Realized Cap

Cross-chain data shows that the portion of the realized Bitcoin cap held by its long-term owners has increased and is now close to 80%. Long-term holders of Bitcoin hold nearly 80% of the realized capital As explained by an analyst at CryptoQuant MailHistorically, crypto has tended to form lows around when the long-term owner’s share …

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Mike McGlone Says $20,000 Is The New $5,000 For Bitcoin, But Is He Right?

With the recent collapse of the bitcoin price, a number of speculations exited the market. Hobbyists and experts alike make predictions about what they think will happen in the future. While most of it was bearish, the forecast from Mike McGlone is somewhat bullish. A Bloomberg analyst has sparked hope in some with his prediction …

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Don’t Expect A Bitcoin Recovery Anytime Soon, Galaxy Digital CEO

Billionaire Mike Novogratz has warned investors not to expect much of a recovery in Bitcoin any time soon. Novogratz who is the CEO of commercial bank for digital assets Galaxy Digital has long been a huge supporter of Bitcoin and its benefits. However, he recently shared his thoughts on the current market climate and what …

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