Analysis News TheBitTimes.com

Bitcoin (BTC) has crashed back to a four-month range low of $60,000, currently trading at $61,500. As things develop, cryptocurrency analyst CrypNuevo projects BTC returning to the $67,000 price zone by the end of July. CrypNuevo shared this particular Analysis in his “Sunday Update” as a thread on X on June 30. Notably, the analyst foresees a volatile week ahead due to macroeconomic news, which he expects BTC price to respond to. Overall, he mentioned news related to the MiCa regulation in Europe and other economic data, mostly from the United States, like non-farm payroll, unemployment rate, and FOMC minutes. Picks for you Recession on the horizon? Financial crisis indicator enters an extreme zone 18 mins ago 2 cryptocurr...

As May 2024 unfolds, the cryptocurrency market continues to experience the effects of the Bitcoin (BTC) halving event that occurred in April, traditionally a bullish catalyst for Bitcoin and the wider cryptocurrency landscape. This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $100 billion mark.  Consequently, Finbold has identified two cryptocurrencies likely to surpass this threshold. Picks for you Solana trader turns $49,000 into $2 million in 5 hours 8 mins ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 1 hour ago Popular Bitcoin wallet bans United States citizens from its service 2 hours ago Has Bitcoin topped out? Peter Brandt signals potential end of bull run 2 hours ago These assets are nearing the milestone, with their trajectory depending on the continuation of the bull run and supply inflation. High supply inflation co...