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CATEGORY: drawdown

This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 08, 2024 05:50

This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections

On-chain data shows a Bitcoin metric has recently hit levels that have historically led to corrections in the cryptocurrencys price. Bitcoin Is Currently 40% Above The Cost Basis Of Short-Term Holders CryptoQuant Netherlands community manager Maartunn explained in a post on X that the BTC price is currently 40% above the cost basis of the [...]

The post This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections appeared first on Crypto Breaking News.

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How Does Current Bitcoin Rally Compare With Historical Ones?
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 22, 2023 10:30

How Does Current Bitcoin Rally Compare With Historical Ones?

Here’s how the current Bitcoin rally stacks up against the previous ones in terms of the drawdowns it has experienced so far. The Current Bitcoin Rally Has Seen A Peak Drawdown Of -18.6% So Far In a recent tweet, the on-chain analytics firm Glassnode compared the latest Bitcoin rally with the ones seen throughout the [...]

The post How Does Current Bitcoin Rally Compare With Historical Ones? appeared first on Crypto Breaking News.

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Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 02, 2023 02:10

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, [...]

The post Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March appeared first on Crypto Breaking News.

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