Bitcoin Price Forecast: BTC shows signs of weakness

Bitcoin Nouvelles

Bitcoin Price Forecast: BTC shows signs of weakness
CryptocurrenciesTechnical AnalysisSEO
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Bitcoin (BTC) price stabilizes around $61,000 on Thursday after closing below the key support level of $62,000 on Wednesday.

Bitcoin price today: $61,000 Bitcoin price closed below the $62,000 support on Wednesday, showing signs of weakness. CryptoQuant report shows how rising stablecoin market capitalization could be a positive sign for Bitcoin and other cryptocurrencies. US Spot Bitcoin ETFs recorded two straight days of outflows on Wednesday. Bitcoin price stabilizes around $61,000 on Thursday after closing below the key support level of $62,000 on Wednesday.

Reserve on Exchanges chart. Source: CryptoQuant Furthermore, USDT and USDC’s market capitalization has continued to increase monthly, though slower than earlier in the year. The market capitalization of USDC is growing at a 2.1% monthly pace, compared to a peak of 14.4% in March 2024. Meanwhile, the USDT market cap is up 1.3% month-on-month , compared to its high of 6.6% in March.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

FXStreetNews /  🏆 14. in US

Cryptocurrencies Technical Analysis SEO

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bitcoin price forecast: BTC shows signs of weaknessBitcoin price forecast: BTC shows signs of weaknessBitcoin (BTC) stabilizes above $62,000 on Wednesday after a minor decline on Monday.
Lire la suite »

Schiff Reveals Only Reason for $1 Million BitcoinSchiff Reveals Only Reason for $1 Million BitcoinBitcoin critic Schiff warns about $15,000 BTC and reveals how $1 million BTC is possible
Lire la suite »

Bitcoin Hits $461 Billion in Key Indicator, BTC Price Rebound Coming?Bitcoin Hits $461 Billion in Key Indicator, BTC Price Rebound Coming?Key metric of Bitcoin has hit critical level
Lire la suite »

'$1 Million Bitcoin' Samson Mow Names Bearish Estimate for BTC Price'$1 Million Bitcoin' Samson Mow Names Bearish Estimate for BTC PriceCould Bitcoin's journey to $1 million be inevitable, or just wild fantasy?
Lire la suite »

Bitcoin Warning Issued by Crypto Analyst Amid BTC Price Surge to $58,000Bitcoin Warning Issued by Crypto Analyst Amid BTC Price Surge to $58,000Bitcoin rose to highs of $58,487 in today's trading session
Lire la suite »

Bitcoin (BTC) Price Reclaims $62K as Analysts Eye Upside BreakoutBitcoin (BTC) Price Reclaims $62K as Analysts Eye Upside BreakoutCrypto Blog
Lire la suite »



Render Time: 2025-02-24 22:17:13