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Showing posts with the label volatility

Crypto volatility continues to plummet, spot volume now at two-year lows

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Key Takeaways Volatility briefly rose in crypto markets last month but is back near all-time lows Capital flight out of the space has been enormous, with liquidity also at multi-year lows Trading volume continues to decline, with Binance’s volume down 95% from the peak in 2021 Ethereum is now trading at a similar volatility to Bitcoin A combination of tight monetary conditions in the economy, as well as crypto-specific scandals and a regulatory crackdown, have all made their mark on the space Volatility in the crypto markets is back to multi-year lows. After a brief pickup amid the positive ruling on the Grayscale ETF case last month, markets are back to the placid state we have become familiar with this year. Looking at 90-day annualised volatility, both Bitcoin and Ethereum are close to the lowest levels we have seen. The chart below shows that, aside from three isolated episodes, we have seen volatility in a near-constant state of decline since ...

Bitcoin price consolidation at $27,000 sparks speculation of imminent BTC breakout

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BTC’s price could be on the verge of a bullish breakout, according to derivatives data, but ultimately the macroeconomic scenario will dictate the trend. Bitcoin’s  price has stabilized near $27,000 since May 13, displaying reduced volatility in the period. This movement is eerily similar to early April, when Bitcoin’s (BTC) 12-hour chart ranged between $27,800 and $28,700 for 11 days. Traders are now questioning whether a bullish breakout is the next possible outcome for the Bitcoin price . Bitcoin/USD price index, 12-hour. Source: TradingView According to technical Analysis , the sideways movement illustrates an ongoing conflict, meaning traders are unsure about the direction of Bitcoin’s next price trend. This is a consequence of balanced demand between buyers and sellers, which typically precedes periods of extreme price volatility and is triggered by big events. In other words, Bitcoin traders are waiting for a potential market trigger that could decisively push the BTC price...

DigiToads looks to become the most valuable memecoin as Dogecoin and Shiba Inu battle volatility

Join Our Telegram channel to stay up to date on breaking news coverage In the world of cryptocurrencies, memes coins have become quite popular in recent years. These coins, created in the spirit of fun and humor, have gained a significant following due to their catchy names, unique designs, and potential for quick gains. Two of the most popular meme coins are Dogecoin and Shiba Inu, which have both gained massive attention in the past year. However, as the crypto market becomes increasingly volatile, DigiToads is positioning itself as the first valuable memecoin on the market. Buy DigiToads Now What Makes DigiToad Different? Unlike many other meme coins, DigiToads has a unique utility that sets it apart from the rest. The token is designed to positively impact users in multiple facets of life, from providing a new web3 gaming experience to supporting the environment through charitable contributions. DigiToads boasts a high-growth potential and offers its holders the opportun...