Bitcoin Coinbase Premium hits 7-month low but traders spot a silver lining
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Grayscale Launches First Spot Zcash ETF After ZEC Hits Eight-Year High
The post Grayscale Launches First Spot Zcash ETF After ZEC Hits Eight-Year High appeared first on Unchained.
Bitcoin traders hedged $60k and loaded up above $78k leaving the low $70k exposed
Bitcoin's end-of-September options expiry holds 130,670 BTC of open interest, compared with 79,003 BTC for August, a headline gap...
Binance XRP leverage ratio hits 7-month high amid speculative activity
Increased leverage in Binance's XRP market could lead to heightened volatility, impacting future price trends and investor strateg...
Ethereum Price Hits $2,500 Resistance Wall as Fear and Greed Reaches Extreme Levels
Ethereum trades at $2,450 as it continues probing the $2,500 price ceiling it’s failed to convincingly break for the third straigh...
Coinbase CLARITY Act: Armstrong Expects 60+ Votes Despite Kalshi 22% Odds
Coinbase CEO Brian Armstrong said he expects the Digital Asset Market CLARITY Act to clear a Senate cloture vote with more than 60...
XRP Price Prediction: ETF Moves From Zero to Hero in 3 Months
XRP price trades at the $1.50 area right now, but that flat 24-hour print masks a wild three-week stretch from $1.00 to nearly $1....