Summary Points Negative Perpetual Funding Rates: Major exchanges have reported negative perpetual funding rates, indicating short sellers dominate the market…
Browsing: Bitcoin (BTC) Price
Summary Points Market Volatility: Bitcoin’s price fluctuated dramatically this week, dropping from $67K to $63K, then spiking to $70K, before…
Essential Insights On-chain Activity Drop: A decline in on-chain activity signals waning user demand, as seen with Binance Smart Chain…
Fast Facts Decrease in SSR: Bitcoin’s Stablecoin Supply Ratio has fallen to 9.36, indicating a perceived buying power on the…
Summary Points Weak Correlation with Stocks: Since late August, Bitcoin has diverged from equities, exhibiting the weakest correlation since the…
Essential Insights Market Weakness: Bitcoin’s price dropped to $62,700 amid sell pressure, reflecting weak participation from new buyers and ongoing…
Essential Insights Diverging Trends: Bitcoin is currently facing a significant decline in correlation with gold, moving away from its previous…
Fast Facts Surge in “Bitcoin Is Dead” Searches: Google searches for “Bitcoin is dead” reached new highs following a significant…
Fast Facts Transparency Claims: Metaplanet’s CEO Simon Gerovich asserts the company’s Bitcoin purchases, wallet addresses, and capital deployment decisions have…
Essential Insights Bitcoin’s Volatility: Bitcoin struggled around the $70,000 mark, dropped below $66,000, and currently sits just below $67,000, indicating…