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Crypto News Aggregator by EXCAVO
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🤔 Analysts believe concerns over soaring U.S. debt may have helped $BTC and gold rise to record highs amid rising interest rates around the world.

🤔 Analysts believe concerns over soaring U.S. debt may have helped $BTC and gold rise to record highs amid rising interest rates around the world.

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📊 #CryptoQuant : Analysis showed that after peaking at $73,800, $BTC faces a correction, with a notable decrease in U.S. buying activity. Yet, a rebound is expected before mid-2024, fueled by institutional and whale purchases.
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🐶 #Santiment data suggests a significant increase in $DOGE transaction volume, rising from 1.22 billion to 9.20 billion in a 48-hour period. While the reason behind this surge is still unclear, it is a noteworthy development for the memecoin.
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📊 $BTC #Santiment : Crypto traders normally hope that bitcoin and other assets carve their own market performance path, without reliance on equities or other sectors. But for a change, the crowd has been suggesting that the strong ATH levels from the #SP500 and gold are creating a bullish divergence for BTC and altcoins to be pulled up from profit distributions from these other sectors. With BTC's whales accumulating big this week and the halving just three weeks out, this increased optimism and today's perpetual contract funding rate increase on Binance may have some merit to predicting where cryptocurrency goes next.
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📊 #CryptoQuant : 50% of $BTC 's realized capitalization now belongs to short-term holders. An increase in the value held by short-term holders may lead to a tendency to take profits or exit, causing market volatility.
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📈 $BTC #IntoTheBlock : On March 23rd, Large Bitcoin holders added nearly 80,000 BTC to their holdings as the price hovered around $64K. This strong accumulation appears to be a key driver behind Bitcoin's move back to the $70K range.
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