Key points to remember: Spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw a total of $1.7 billion in weekly outflows. Solana and a few select altcoins continued to attract steady flows despite market weakness. Onchain data shows that large whales are accumulating BTC, which is keeping BTC prices above the $100,000 level. Spot Bitcoin … Read more
Key points to remember: Bitcoin’s double bottom pattern could spur bullish momentum towards $110,000. The CME gap near $104,000 could trigger a near-term retracement. Stablecoin accumulation and short-term holder stress suggest short-term volatility. Bitcoin (BTC) staged a classic double bottom pattern over the weekend, which led BTC to secure a bullish weekly close above its … Read more
Bitcoin has been trending on social media in recent days as US politicians worked to end the disruptive US government shutdown, which culminated in the Senate’s passage of the hotly contested funding bill on Monday. It would have taken Republicans about 10 hours to do their job Monday and get the 60 votes (eight of … Read more