Bitcoin Slides 5%, Touches $95,000 Mark: Why Is BTC Going Down?

Bitcoin (CRYPTO: BTC) continues to slide following Tuesday’s stronger-than-expected December Purchasing Managers’ Index reading, with analysts attributing the sharp price decline to fallout in the bonds market. What Happened: It trades around the $95,400 mark after having touched $102,000 on Monday, down 5.3% over the past 24 hours. Prominent analyst...
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Bitcoin Binance Netflow Turns Negative: What It Means

On-chain data shows the Bitcoin netflow on Binance has turned negative recently. Here’s what this could mean for the asset’s price. 14-Day SMA Bitcoin Binance Netflow Has Plunged Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the 14-day simple moving average (SMA) of...
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