Will This “Dry Powder” and Historical Trends Fuel A Price Boom?
Whereas Bitcoin has dipped from its latest highs of round $74,000, some analysts are urging buyers to remain calm and even see this as a shopping for alternative. Thus far,….
Tag: Dry
Bitcoin Price Volatility Ahead In April As Trading Volumes Dry Up
Final month, Bitcoin and the broader crypto market confirmed robust resilience towards the banking disaster and continued their upward journey. Bitcoin ended Q1 2023 with nearly 70% value positive factors…..
Binance USD Exchange Reserves Dry Up, Behind Bitcoin Drop?
On-chain information exhibits the Binance USD (BUSD) trade reserves have declined lately, an element that could be behind Bitcoin’s slowdown. Binance USD (BUSD) Alternate Reserves Have Gone Down As identified….
USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?
On-chain knowledge exhibits the USDC change reserves have began to pattern downwards just lately, an indication that patrons could also be exchanging the coin for Bitcoin and different cryptos. USDC….
USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?
On-chain knowledge reveals the USDC change influx has spiked up. Traditionally, stablecoins have offered dry powder for kicking off new Bitcoin rallies. USDC Alternate Influx Sharply Rose To Excessive Values….
The Chart That Makes Bitcoin Support Cut And Dry
Is Bitcoin in trouble, probably on the point of collapsing to sudden new lows? That’s the query on all crypto inventor’s minds, because the main cryptocurrency by market cap tends….