Bitcoin: All about its latest ‘high’ as BTC falls below $67K

daily transaction volume has surged to its highest point since 2022, reflecting an increase in economic activity on the blockchain network., the network’s daily on-chain volume assessed on a seven-day moving average totaled $83 billion on the 15th of March.The bears appear to be cornering the bulls

At press time, BTC exchanged hands at $65,556. In the past 24 hours, the coin’s value has declined by over 5%, perAt press time, the coin’s Weighted Sentiment was -0.881, showing that bearish sentiment significantly exceeded bullish convictions., the ratio of BTC’s daily transaction volume in profit to loss was 0.716 at the time of writing.This meant that for every transaction that ended in a loss, only a mere 0.716 transactions returned a profit.

This metric tracks the amount of coins transferred from the affiliated miners to the exchanges. When it rises, it suggests that miners on the Bitcoin network are selling their coins.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don’t sell your Bitcoin just yet: This exec explains why you should HODL BTCLawrence Lepard shares his insights on trading Bitcoin and believes the asset holds long-term potential that can even surpass the US dollar.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin maximalist predicts $100K for BTC in April, but…Bitcoin still has more upside potential, according to Fred Krueger. But Ethereum ETF and Real-World Asset narrative could pose a real threat.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Will Bitcoin ETFs become a problem for BTC’s ‘ideology’?Pete Rizzo discusses Bitcoin ETFs' impact on adoption and concerns about decentralization amid the growing ETF hype.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Are Bitcoin miners the reason why your BTC holdings fell?Bitcoin [BTC] continues to witness price corrections, as its value has now dropped below the $66k mark during the last few days
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin: How a surge on this front could be ‘dangerous’ for BTCBitcoin [BTC] borrowing costs on leading cryptocurrency exchanges like Binance and Bybit have reached their highest point since 2021.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin price stalls after hot inflation data, Jamie Dimon likens BTC to cigarettesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »