Bitcoin and select altcoins are trading above their respective support levels as traders await the SEC’s decision on each spot Bitcoin ETF application.
Bitcoin’s sharp fall on Jan. 3 suggests that market participants are nervous ahead of the SEC's long-awaited decision on the spot Bitcoin ETF applications.
Solana is one of the biggest gainers over the past year after losing over 90% during the cryptocurrency bear market.
Bitcoin is expected to face stiff resistance at $45,000, but the possibility of a rally above the key price level remains high.
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.
Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback.
Bitcoin and altcoins are trying to find support at lower levels, indicating that the sentiment remains positive, and that traders are buying the dips.
Avalanche’s market cap has grown by 340% since October, and AVAX price has followed.
Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?
Money is flowing into more speculative names following bitcoin's big run higher.