Cryptocurrency Insight
The Bitcoin and crypto market is experiencing a sharper correction since last Wednesday, shaking the bullish sentiment of the last few weeks. Although Bitcoin’s 1-week chart still looks very bullish, as long as the price remains above $25,000, the market is close to the critical Read More
On-chain data shows that Bitcoin’s estimated leverage ratio has increased recently, a sign that a volatile move may be coming soon for the asset. Bitcoin’s Estimated Leverage Ratio Observed an Increase As an analyst pointed out in a CryptoQuant post, open interest has also shown Read More
Data shows that Bitcoin spot trading volumes hit a new yearly high last week as the cryptocurrency’s price took a volatile turn. Bitcoin spot trading volume hit a new high for 2023 According to Arcane Research’s latest weekly report, the 7-day average daily trading volume Read More