Analysis suggests Bitcoin long-term holders may begin selling as unrealized profits approach 350% near the $100,000 mark. Order book data indicates potential resistance to continued upward momentum.
Tag: BTC Markets
Crypto and Stock Market Correlation: Analyzing Bitcoin’s Rally Amidst Economic Uncertainty
Explore the recent correlation between cryptocurrency and stock market movements, focusing on Bitcoin’s rally alongside the S&P 500 despite trade tensions and economic data. Understand the factors influencing this relationship and potential decoupling scenarios.
Riot Platforms Q1 2025: Record Revenue Amidst Bitcoin Halving Challenges
Riot Platforms reports record Q1 revenue of $161.4 million but faces a net loss due to increased Bitcoin mining costs post-halving. Explore the financial performance and future outlook.
Solana (SOL) Price Surge Explained: On-Chain Activity, Futures OI, and Potential Targets
Discover the key drivers behind Solana’s (SOL) recent price increase, including rising on-chain activity, surging futures open interest, and potential price targets based on technical analysis. Is a V-shaped recovery underway?
Bitcoin Targets $97K Resistance as Gold Dips: A Comprehensive Analysis
Bitcoin’s recent surge positions it as a strong contender against gold, with BTC price action approaching the $97,000 resistance level. This article explores the factors driving Bitcoin’s momentum, including its correlation with US stocks and the potential impact of macroeconomic data on its future performance.