Bitcoin

Major crypto exchanges like Binance and Coinbase are experiencing record inflows of stablecoins, Bitcoin, and Ethereum following recent market corrections, signaling potential significant price movements ahead.

In this market update, Vincent Timmer analyzes Bitcoin’s current price action. He argues the higher timeframe trend remains bullish but outlines a ‘dream scenario’ of a final dip to grab liquidity before a potential run towards new all-time highs.

Bitcoin surged over 3% yesterday, its best day in six weeks, climbing past $91,000 and suggesting the recent downturn may have ended. Altcoins followed the rally, with Kaspa, known as ‘Bitcoin 2.0’, leading the top 100 with a 17% surge.

Bitcoin is down over 20% in November, potentially ending its three-year winning streak for the month. However, analysts point to historical patterns and on-chain data suggesting a potential rebound, presenting both risks and opportunities for traders.

Economists indicate that M2 money velocity is unlikely to surge again soon, potentially pressuring Bitcoin’s price short-term, though long-term recovery may follow policy shifts.

An expert claims that the Bitcoin bull market has ended and predicts a prolonged bear market, while others point to miner profitability and other indicators as signs of hope.

The crypto market is up three percent, driven by positive sentiment ahead of Thanksgiving and expectations of a Fed rate cut in December. Tech stocks and ETF inflows also support the rise.

The U.S. government’s record interest payments signal the end of cheap money, with rising debt costs and a weakening economy. This article explores the implications for Bitcoin.

Bitcoin’s Sharpe ratio has dropped to near zero, a rare signal last seen in 2019 that has historically preceded major price moves. Analysts are divided on whether this signals a recovery or a trap.

A record $100 billion in interest payments by the U.S. in October signals the end of cheap money. This massive debt wall is colliding with a slowing credit cycle, increasing pressure on the Federal Reserve to cut rates, which could be crucial for Bitcoin’s bull market.