Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder
"The real problem is the current fragile market set-up for BTC, because short-term holders are underwater in both price and narrative," one observer said.
Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines
In the absence of any positive catalyst, cryptocurrencies took the path of least resistance.
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months
Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide
The ether-bitcoin ratio rose more than 2% past week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.
Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Crypto markets last week saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.
Bitcoin manteve-se estável acima de US$ 26 mil no fim de semana; Tendência de mercado de XRP e LTC Buck
Os Mercados de Cripto viram na semana passada um dos maiores Eventos de liquidação longa desde o colapso da FTX, com pouca pressão de compra nos últimos dias.