News about BTC

The #Bitcoin price maintains its sideways movement as bears persist in selling during rallies. With a potential loss exceeding 4% for the week, the longer $BTC hovers around $60k, the higher the likelihood of a downward breakout. 📉🧵 pic.twitter.com/mWx52v6gRO

📉 Altcoins plunged 22.96% of market cap in April, and two indicators suggest a tough road ahead… > BTC dominance grows, stifling altcoin growth? > Altcoin season index confirm a Bitcoin Season? Read our analysis to navigate the market: research.cointelegraph.com/articles/institutional-interest-in-solana-surges-amidst-market-volatility pic.twitter.com/qRza3of6b6

📊 #Bitcoin's funding rate is rising on exchanges like #DyDx and #Deribit. To avoid history repeating itself after last week's top, those #bullish on #crypto want to see $BTC #FOMO staying low, with #shorts opening at the same (or higher) rate than longs. app.santiment.net/s/7n54du7B?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_dydx_deribit_funding_rate_b_051324/&fpr=twitter pic.twitter.com/oD2qglaWvb

According to looksonchain, 2 wallets that have been dormant for nealy 10.7 years transferred all 1,000 BTC($60.9M) out in the past 20 mins. Wallet"16vRqA" and Wallet"1DUJuH" both received 500 BTC on Sept, 2013, when the bitcoin price was $124 at that time.…