News list for "Million dollar area"

Report: BTC, ETH's recent selling pressure is decreasing, 65,000 to 71,000 dollar range is the defense line that bulls must adhere to

Glassnode said in its latest report that the announcement of US tariffs has had a significant impact on major financial marekts, with several markets setting their weakest trading records since March 2020. Capital inflows into mainstream digital assets have stalled, causing liquidity to contract significantly and creating strong headwinds. However, it is worth noting that the selling scale of Bitcoin and Ethereum is decreasing every time the price drops, which may indicate that the short-term se...

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2025-04-09 15:49:06
Nansen: Bitcoin's Retreat to 70,000 Dollar Range is Part of a Bullish "Macro Correction"

Aurelie Barthere, principal research analyst at crypto analytics platform Nansen, said that most cryptocurrencies are currently breaking through key support levels, so it is difficult to estimate the next key price level. For Bitcoin, the next level could be between $71,000 and $72,000, the top of the trading range before the Trump election. Despite the decline in investor sentiment, cryptocurrencies and global markets are still in a "macro correction" of the bull market. The market is still in ...

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2025-03-11 16:14:29
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