Global #Bitcoin

Bitcoin, the leading cryptocurrency, has experienced a noticeable decline in recent times, raising concerns among investors and enthusiasts. This downturn has led to discussions about whether the market is entering a bearish phase.

The crypto market, particularly Bitcoin, has been experiencing a downturn in recent weeks. However, amidst this lull, a new project called 99Bitcoins has emerged and captured the attention of both investors and crypto whales.

In a move that underscores the growing acceptance of cryptocurrencies by traditional finance, Wall Street institutions are venturing into new territory with Exchange-Traded Funds (ETFs) that combine Bitcoin, often dubbed "digital gold," with physical gold.

A prominent crypto trader has released a detailed roadmap outlining the potential beginning of altcoin season. The roadmap highlights key factors that could trigger a surge in altcoin prices, following a period of dominance by Bitcoin.

The tides may be turning in the crypto market. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been outpacing Bitcoin (BTC) in a key metric: holder activity.

Bitcoin has been on a rollercoaster ride lately, and despite recent attempts to climb, significant hurdles remain on the path to a sustained recovery.

Bitcoin has experienced its share of volatility in recent months, but several factors suggest a potential rally in July. Historical trends, upcoming regulatory developments, and growing institutional adoption all contribute to a bullish outlook for the leading cryptocurrency.

In a recent report, financial giant JP Morgan has outlined their expectations for Bitcoin (BTC) for the upcoming months of July and August, indicating a potentially turbulent period for the cryptocurrency.

While Bitcoin and Ethereum prices remain volatile, there are signs that traders are becoming less bearish. According to a report by crypto analytics firm Kaiko, the put-call ratio for both major cryptocurrencies has declined in June after a surge in May.

The price of Bitcoin (BTC) surged to $61,000 on Thursday, June 27th, 2024, marking a significant upswing in recent weeks. This bullish trend is attributed to two key factors: inflows into Bitcoin exchange-traded funds (ETFs) and a growing sense of confidence within the cryptocurrency market.

A Bitcoin miner wallet, dormant since the early days of the cryptocurrency, has sprung back to life after 14 years. On-chain data reveals that the wallet transferred 50 BTC, valued at approximately $3 million, to the Binance cryptocurrency exchange.

Japanese firm Metaplanet is making a bold move amidst the weakening yen by investing one billion Japanese yen (approximately $6.5 million USD) into Bitcoin.