Crypto analyst Nicholas Merten highlights the potential for turbulent times ahead for the Bitcoin price. In his recent YouTube video on DataDash, Merton discusses how the directional movement of equities and broader assets will directly impact Bitcoin and the cryptocurrency market as a whole. He observes the correlation between the equity market and the crypto
Bitcoin
Bitcoin has experienced some ups and downs in recent weeks, with the price hovering around the $27,000 mark. While it has seen some growth, the cryptocurrency has struggled to maintain sustained upward momentum. In order to understand whether Bitcoin can break through to higher levels, it is important to analyze the on-chain data. One particular
Solana (SOL) has gained significant attention in the cryptocurrency community, with former Goldman Sachs executive Raoul Pal endorsing it as one of his top altcoin choices. Pal recognizes Solana’s unique strengths, particularly its unparalleled speed and performance. These characteristics have even prompted payments giant Visa to select Solana as their preferred platform. Pal’s enthusiasm for
Dogecoin (DOGE) has found itself caught in a constant battle between buying pressures and bearish sentiment, leaving investors and enthusiasts uncertain about the coin’s future direction. A sudden dip in DOGE’s price sent shockwaves through the market, breaking a pivotal support trendline that had historically bolstered the coin’s recovery phases. This breach raised concerns of
It has been a year since the Merge took place, and Ethereum, the world’s second-largest cryptocurrency, has undergone significant changes. From the implementation of the London hard fork to the transition from proof-of-work to proof-of-stake, Ethereum has experienced a transformative journey. In this article, we will delve into the post-Merge developments and explore the various
The dominance of the Turkish Lira (TRY) in Binance, the largest cryptocurrency exchange in terms of client count, is an intriguing development in the crypto world. According to Kaiko, a blockchain analytics firm, 75% of all fiat volume in Binance is dominated by the Turkish Lira. This statistic suggests a significant shift in global dynamics,
In recent weeks, there has been a surge of bullish predictions for the XRP price, with one forecast standing out among the rest. Lord XRP, a pseudonymous crypto analyst and XRP maxi, presented a scenario that suggests XRP could reach a staggering price of $10,000. This would place the altcoin in the same league as
Cryptocurrency enthusiasts and investors have been closely following the developments surrounding XRP, and the latest analysis by crypto analyst EGRAG CRYPTO suggests that the altcoin could be on the verge of massive gains in 2024. Based on historical price data, EGRAG CRYPTO predicts a potential market gain of 2500% for XRP. This bullish prognosis has
The cryptocurrency market has experienced significant turbulence this year, leading to institutional investors pulling out of the market. However, Ethereum has suffered more than other assets, with outflows dragging its total assets under management (AuM) down. The decline in Ethereum’s popularity among institutional investors is a cause for concern and warrants a closer look. Ethereum,
Bitcoin, the world’s leading cryptocurrency, experienced a significant price decline on September 11th, as observed from the daily chart. The price of BTC dropped to $24,951, hitting its lowest point since the second half of 2023, before slightly recovering to $25,135. This sudden drop occurred during the early trading hours of the New York session,
