Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason 

Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data. Source link

Ethereum gains 15% in a week — Is a recovery to $3K back in sight?  

Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?  Source link

Bitcoin rally above short-term holder metric has traders calling for new BTC price highs

Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound? Source link

Bitcoin price attempts to turn the tide after Fed's 0.5% rate cut

Bitcoin price rallies to $61,000 after the Federal Reserve cuts rates by 50 basis points for the first time since 2020. Source link

Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts

Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun. Source link

Crypto investment products see $436M inflow while Ethereum continues to suffer

Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest. Source link

Did the crypto market bottom this week? — Here’s what the data shows

Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed? Source link

3 reasons why Ethereum price has lagged behind Bitcoin in 2024

Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.   Source link

Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode 

Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.  Source link

Bitcoin traders celebrate ‘good news’ as BTC price trades above $56K

Bitcoin’s weekly close above a key support level is “good news” according to traders, and today’s rally to $56,500 could be a sign that the bottom is in. Source link