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BTC Could Drop Again: 3 Key Signs

  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app Can BTC crash to $30K this month? The primary cryptocurrency rose 1.5% in the last 24 hours and currently trades at around $63,500, even as Strategy announced its third BTC sale this year. However, three important signals point to a potential pullback forming beneath the surface. The renowned analyst Ali Martinez revealed that over 20,000 BTC (worth more than $1.2 billion) have hit exchanges in the past week or so. CryptoQuant’s data shows that the total figure has climbed to around 2.72 million, the highest since the start of July. This suggests that some investors have abandoned self-custody methods and flocked to centralized p...

Ripple News: XRP Market Update

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals for the best automated trades – https://telegram.me/binancefuturesignal The past few days saw Ripple expand its institutional infrastructure, while its native cryptocurrency XRP continued to defend the crucial $1 support region. Here are the most important news to follow. Ripple announced yet another expansion of its institutional digital asset strategy. In fact, the past seven days were rather packed with ecosystem updates. All of it happened as XRP traded near $1.07 following a few unsuccessful recovery attempts, but more on that later. Now, let’s dive into the most important and recent Ripple news. Ripple Invests in ZILO and Licuido Undoubtedly the week’s largest ecosystem development was Ripple’s investment in ZILO and Licuido – two companies building infrastructure for digital investment funds and trading of institutional assets. Ripple did not disclos...

Crypto ETFs: Bitcoin vs Ethereum vs XRP

  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/btctradingclub Perhaps the large portion of BTC's price recovery was fueled by the impressive ETF numbers. After a painful end to the previous week (and month), the spot Bitcoin ETFs began August with a bang, attracting over $170 million in net inflows. This made them the best-performing exchange-traded funds tracking any cryptocurrency on Monday, which has not always been the case lately. The fresh capital that entered the BTC funds on Monday is almost the same as the entire net positive for July, which was $172.42 million. At the same time, the underlying asset rebounded from another dip to $62,200, and jumped to $64,000 in midday trading. In contrast, the Ethereum ETFs far outperformed in July, attracting more than $365 million last month. However, SoSoValue data shows that th...

US Yen Action Signals Bitcoin Liquidity Risk

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders The first US-Japan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade. Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin and risk assets. The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions for Bitcoin (BTC) and risk assets as the two countries attempt a juggling act to stabilize the currency without impairing US Treasury markets. Japanese two-year bond yields rose above 1.57% on Monday. Bessent signals new era of US yen involvement Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in glob...

What Bitcoin’s 3.9 Holder Ratio Means

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals for the best automated trades – https://telegram.me/binancefuturesignal Wedson found that realized capital is increasingly concentrated among long-term holders while short-term speculative participation remains relatively low. Bitcoin dipped below $63,000 yesterday ahead of the FOMC meeting today but has recovered well over a grand since then. Prominent analyst Joao Wedson identified on-chain data that suggests BTC is nearing a historically significant accumulation zone. Long-Term Holders Take Control In his latest tweet, Wedson explained that he divided the Long-Term Holder Realized Cap by the Short-Term Holder Realized Cap to track where the market’s realized capital is concentrated. According to the Alphractal founder, Bitcoin formed major price bottoms on two previous occasions when this ratio moved above 4. The metric currently stands at 3.9, which mea...

BTC Nears FOMC High as PI Recovers

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/btctradingclub BEAT has rocketed by over 30% in the past 24 hours after yesterday's crash. Bitcoin’s price dipped below $62,800 yesterday in a de-risking move from investors ahead of the FOMC meeting, but it has rebounded swiftly to over $64,000 now. Most larger-cap alts have turned green as well, with XRP aiming at $1.10 once again. UNI is up by over 5%, while ADA has gained more than 4%. BTC Jumps Ahead of FOMC BTC was rejected at $67,000 last week, and the subsequent leg down pushed it south to under $63,600 on Friday. The bulls finally stepped up after this rather substantial decline given the current dull market phase, and bitcoin remained at around $64,000 during most of the weekend. It even climbed slightly on Sunday following some de-escalation news on the US/Iran fro...

BTC Targets $66K Amid US Stock Market Gains

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Bitcoin copied US stocks as relief over end of US-Iran strikes spread to risk assets at the start of the US trading session. Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Bitcoin approached new local highs with the start of the week’s first US trading session. Stocks also opened higher amid relief over a hiatus in the US-Iran war and potential progress on reopening the Strait of Hormuz. BTC price action defended two daily moving averages on Sunday’s weekly close. Bitcoin follows stocks higher as Iran news offers risk-asset tailwind BTC/USD spiking to near $66,000 as markets reacted to a pause in strikes between the US and Iran. Iranian foreign ministry spokesman announcing that Tehran and Om...