Bitcoin
Why Bitcoin is up 1.4% in the last hour
Analysis
Bitcoin rose 1.4% over the past hour as fresh buying interest appeared alongside signs of renewed BTC demand on Coinbase, which CoinGape linked to users buying BTC even as ETH dipped. Cointelegraph also highlighted liquidation and key level dynamics traders are watching this week, which can amplify short-term upside moves when positioning gets squeezed.
Contributing Factors (3)
Crypto Traders Rotate Into Select Altcoins as Bitcoin Stalls
Altcoins notch double-digit weekly gains as Bitcoin remains rangebound, but most remain well below all-time highs with macro data looming.
$75K or bearish ‘regime shift?’ Five things to know in Bitcoin this week
Bitcoin market analysis focused on liquidations and the wick to $59,000 for signs of the next significant BTC price move on lower time frames.
COIN Stock Surges 16% as Coinbase Users Buy BTC, ETH Dip
The stock price of Coinbase (COIN) increased by 16% at the close of the last trading session, coinciding with the update by CEO Brian Armstrong that its retail users had accumulated significant amount...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.