-
Bitcoin Demand Metrics Show Weakness, Reveals CryptoQuant
bitcoin holders are increasingly diversifying their portfolios, seeking high-potential returns from 99Bitcoins ($99BTC). bitcoin demand has slowed since early April and dipped into negative territory this month, according to South Korean data firm CryptoQuant. On Wednesday, bitcoin is trading at the $60,700 mark and has failed to hit $70,000. Growth in the total holdings of…
-
Why Ethereum Correction is Nearing the Bottom According to Metrics
ethereum Correction Enters ‘Late Stages’ as Metrics Point to Bottom ethereum, one of the leading cryptocurrencies in the market, is showing signs of nearing a local bottom as various on-chain indicators hint at the ‘late stages’ of the correction that pushed ethereum below the $3,000 mark. According to a recent report from CryptoQuant, the buy-sell…
-
Unveiling Crucial Elements and Metrics for Cryptocurrency Analysis
The Buzz Around XRP: A Deep Dive into Its Price Dynamics and Predictions The digital currency XRP has recently been a hot topic among investors and market analysts alike. Despite the ongoing fluctuations in the crypto market, XRP has impressively maintained a steady position, strategically hovering above the $0.46 mark. This level of resilience showcases…