Bitcoin’s on-chain volume hit $1.21 trillion in January 2024, surpassing any month since September 2022. The volume tripled September 2023’s $400 billion total, according to data from The Block. Bitcoin’s transaction volume has risen consecutively for the fourth month since January, rebounding from a low of $550 billion in September 2023. The January 2024 total […]
In the aftermath of the much-anticipated spot Bitcoin ETF launch, the market has failed to sustain a bullish momentum, triggering a bearish wave that has left investors on edge. The Bitcoin price, which initially experienced a minor upswing, is now grappling with significant pullbacks, raising questions about the cryptocurrency’s immediate future. Bitcoin Price Trend: From […]
The price of Bitcoin plunged below the key $39,000 support level earlier today, sparking apprehension and unease within the cryptocurrency community. While many market enthusiasts had anticipated a bullish resurgence for Bitcoin following the U.S. Securities and Exchange Commission’s approval of Spot Bitcoin ETFs last month, the stark reality of this latest price retreat seems to […]
In the fast-paced world of cryptocurrencies, all eyes are on the impending decision regarding the eagerly anticipated Bitcoin (BTC) exchange-traded fund (ETF). The cryptocurrency market buzzes with excitement and growing anticipation as the deadline approaches. A recent report from K33 Research has shed light on the ETF decision’s significant impact on Bitcoin’s positive momentum since […]