![Bitcoin [BTC] and S&P 500 part ways, where now for the king coin?](https://i.headtopics.com/images/2023/2/23/cryptoamb/bitcoin-btc-and-s-p-500-part-ways-where-now-for-th-bitcoin-btc-and-s-p-500-part-ways-where-now-for-th-1628644577031716867.webp)
Bitcoin decoupled from S&P 500 for the first time after the FTX debacle. Sentiment for Bitcoin improved, but traders took short positions. Bitcoin [BTC] had been leading the charge of the bullish sentiment surrounding crypto over the past few days. Due to its positive rally over the past few weeks, its correlation with the S&P […]
According to data provided by Santiment, it was observed that the weighted sentiment for Bitcoin increased. This implied that people from the crypto community had more positive than negative things to say about Bitcoin.
Due to the positive sentiment, Bitcoin’s overall network activity increased, as highlighted by the rise in the network’s daily active addresses. Along with that, BTC’s velocity rose as well, which indicated a surge in activity.It wasn’t just the number of transactions that had increased. The mean size of each transaction alsoSource: glassnodeHowever, Bitcoin’s selling pressure could increase in the future.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
![Bitcoin [BTC]: How Ordinals and miners catapulted prices](https://i.headtopics.com/images/2023/2/22/cryptoamb/bitcoin-btc-how-ordinals-and-miners-catapulted-pri-bitcoin-btc-how-ordinals-and-miners-catapulted-pri-1628312388628774912.webp?w=640)
Bitcoin [BTC]: How Ordinals and miners catapulted pricesThe Puell Multiple metric was at its highest in 14 months at press time. Ordinals have also helped the transaction count metric surge in the past weeks. Many reasons have contributed to Bitcoin’s [BTC] recent and sustained price increase. First, of course, Ordinals’ development is a factor, but so is miners’ decrease in BTC sales […]
اقرأ أكثر »
Bitcoin Feb. 21 daily chart alert - Bitcoin bulls bounce right back and show power
اقرأ أكثر »
FTX Japan resumes withdrawals after six months, details insideFTX Japan announced that the withdrawal of users’ fiat currency and crypto assets would begin on the Liquid Japan web platform. Most FTX US users could not withdraw their assets due to bankruptcy proceedings. On 20 February, FTX Japan, the Japanese subsidiary of the cryptocurrency exchange FTX, announced via a press release that the withdrawal […]
اقرأ أكثر »
Iceland is ‘Europe’s last Bitcoin mining refuge,’ but concerns emergeIceland has become the world’s largest hash rate producer per capita. However, environmental concerns are making Iceland’s government turn BTC miners away. On 21 February, Bitcoin [BTC] mining researcher Jaran Mellerud published a report on the state of Bitcoin mining in Iceland. He noted that the European country is the world’s largest hash rate producer […]
اقرأ أكثر »
Will BTC face rejection at $25.2k or can bulls take it to 28k?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Is this a deviation before a nuke, or consolidation before a pump? Evidence suggested that bulls and bears can wait for a proper break before entering positions. January was a solidly bullish month for […]
اقرأ أكثر »
FLOKI beats BTC and SHIB in Binance’s list: Decrypting the memecoin’s riseFlokiFi logged a nearly 100% spike in its total value locked (TVL) in February. FLOKI’s price has more than tripled over the last one month. On 20 February, dog-themed coin Floki [FLOKI] became the most popular crypto asset in the world. Floki surpassed giants like Bitcoin [BTC] and Shiba Inu [SHIB] to grab the first […]
اقرأ أكثر »