Browsing: Cryptocurrencies

Bitcoin price trades at $74,700 on Friday, extending its breakout above the major Exponential Moving Averages (EMAs) and keeping a clear bullish near-term bias. The 50-day, 100-day and 200-day EMAs at $65,286, $66,727 and $71,545 sit well below price, suggesting a firmly supported uptrend after the strong surge in volume accompanying the latest leg higher.

Bitcoin (BTC) extends its gains, inching toward $72,000 at the time of writing on Thursday, as crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations. The move has sharply improved market sentiment and liquidity conditions, helped trigger a short squeeze, and overall provided a positive catalyst for the broader crypto…

Bitcoin (BTC) slides slightly but holds most of the recent gains, reclaiming the 50-day Exponential Moving Average (EMA) at $64,300 at the time of writing on Tuesday after rising 2.5% the previous day. The recovery is supported by renewed institutional demand, with over $137 million in ETFs inflows on Monday. However, persistent Middle East tensions…

Cardano (ADA) nears key support zone, trading at $0.177 on Monday after correcting over 10% the previous week. The price decline is supported by whale wallet offloading ADA tokens. Meanwhile, weakening momentum indicators and bearish derivatives metrics suggest a cautious tone among traders and hint at further losses if ADA slips below key support.