SOPR Flat, Leverage Spikes: Will Bitcoin Explode or Get Crushed?

Bitcoin’s trajectory sits at a delicate balance as the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) hovers near the neutral 1.0 mark, as prices traded around $113,600 in August. In previous instances, this indicator has offered a reliable context for market turning points. Bitcoin Market at Crossroads According to...
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Bitcoin, Ethereum, XRP Hold Steady As Dogecoin Gains

Cryptocurrency markets are slightly up on Wednesday as markets shift their attention to Fed Chair Powell’s speech at Jackson Hole on Friday. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,623.99 Ethereum (CRYPTO: ETH) $4,305.82 Solana (CRYPTO: SOL) $183.78 XRP (CRYPTO: XRP) $2.92 Dogecoin (CRYPTO: DOGE) $0.2175 Shiba Inu (CRYPTO: SHIB)...
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Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce

Hawkish remarks from the Federal Open Market Committee’s late July meeting have — for the moment — put the kibosh on the crypto market’s modest attempt at a rally on Wednesday. “A majority of participants judged the upside risk to inflation as the greater of these two risks,” read...
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Dogecoin price path to $1 stalls as dangerous patterns form

Dogecoin price continued to tumble in line with the broader crypto market. Dogecoin (DOGE), the biggest meme coin, plunged to $0.2180, down by 25% from its highest point in July. Its market capitalization has dropped to over $32 billion. Dogecoin…...
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