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Cryptocoins News / The Cointelegraph ​ - 2 weeks ago

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-ta...

Bitcoin News / Bitcoinist - 2 weeks ago

Bitcoin Could Be Trading Below Fair Value, According To Most Crypto Investors

Short-term holders have nearly stepped away from the market. Data from CryptoQuant shows that the realized cap UTXO age bands for one-week to one-month holders dropped to 3.91% — a level last seen in October 2023, when Bitcoin was changing hands near...

Cryptocoins News / The Cointelegraph ​ - 2 weeks ago

Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?

Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings and a shortfall in AI industry growth metrics. Key takeaways:Bitcoin (BTC) faced three consecutive days of outflows from U...