Bitcoin Price Plummets Below $65,000 Amid Global Economic Concerns and Lower Summer Liquidity – What Happens Next?

New York, USA – Bitcoin and other cryptocurrencies experienced a significant decline in value as concerns about the global economy and lower summer market activity weighed heavily on investors. The price of bitcoin plummeted below $65,000 for the first time since May, reaching $64,680.44. Ether, another popular cryptocurrency, also saw a 4% drop, trading at $3,401.37. Ripple’s XRP fell by 6%, Solana’s SOL token slid 7%, and dogecoin tumbled 11%, reflecting the overall downward trend …

Read more

Bitcoin and Ethereum Price Action: What’s Next? Find Out the Liquidity Pockets and Targets!

Miami, Florida – Traders in the cryptocurrency market are facing uncertain times as Bitcoin and Ethereum show signs of volatility in the upcoming week. While Bitcoin’s consolidation phase continues, there is a possibility of revisiting the $60,000 mark. On the other hand, Ethereum has a slightly more optimistic outlook for the week ahead. The market sentiment has shifted since Bitcoin’s halving event last month, leading to choppy and ranging formations across the cryptocurrency market. Traders …

Read more

BlackRock’s IBIT and Fidelity’s FBTC Liquidity Edge Over Grayscale’s GBTC: JPMorgan Reveals Surprising Findings

New York, USA – The battle for dominance in the cryptocurrency investment market is heating up, with BlackRock and Fidelity Investments taking the lead in the race to launch Bitcoin exchange-traded funds (ETFs). According to a report by JPMorgan, BlackRock’s IBIT and Fidelity’s FBTC have shown a liquidity advantage over Grayscale’s GBTC, setting them apart as frontrunners in the competition. The growing interest in Bitcoin ETFs is evident as BlackRock and Fidelity continue to attract …

Read more