Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
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
CFTC data shows Bitcoin futures speculators net long 2,418 contracts
Speculators' net long positions in Bitcoin futures suggest cautious optimism, reflecting potential hedging strategies amid market...
Bitcoin (BTC) Price Prediction: $74K Liquidity Gap Puts $80K Support to the Test
Meanwhile, data from Glassnode and Fasanara Digital show that traditional financial assets are capturing a growing share of deriva...
Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows
TL;DR: Farside’s preliminary figures show US Bitcoin funds retaining a $301.2 million weekly inflow despite two days of withdrawal...
Bitcoin ETF Flows Trail Price Moves, DWF Study Finds
Bitcoin ETF flows track recent price moves more closely than subsequent ones, according to DWF Labs research published October 22....
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike U.S. investors quickly reversed course on Thurs...
Ethereum (ETH) Price Prediction: Whale Rotates $155M Into ETH as Longs Surge Near $2,500
Ethereum is trying to stabilize after another volatile stretch, with price returning toward the mid-$2,400 region while several po...