By Mandy Williams Bitcoin (BTC) may be entering a new bull-market phase, as several valuation, demand, and liquidity indicators have turned higher, according to CryptoQuant. The analytics firm outlined the shift in a research note published August 25, but said Bitcoin still needs further confirmation. The assessment comes as BTC has also shown renewed price […]
Tag: BTC
By Jordan Lyanchev Bitcoin’s rally that began a week ago culminated yesterday with a surge to over $81,000 for the first time since May, when the asset was halted and driven south by a few grand. Most larger-cap alts followed a similar trajectory, with XRP slumping by over 4%, while ZEC dumped by more than […]
By Wayne Jones Bitcoin (BTC) slipped back below $80,000 after testing the level again, with XWIN Japan pointing to profit-taking by existing holders as a major barrier on August 26. The next move may depend less on another brief test of $80,000 and more on whether fresh demand can absorb units being sold by investors […]