📌 Daily Summary
● LIVE TRACKINGBitcoin's recent performance suggests it may have reached a pivotal bottom, with analysts noting a re-emergence of signals reminiscent of late 2022. The first approved cryptocurrency bank in the U.S. has signaled an impending movement in Bitcoin, raising anticipation among investors. However, amid these developments, there are concerns surrounding Ethereum, particularly for its co-creator, Vitalik Buterin, with analysts suggesting he may have divested near the market's lowest point. The Ethereum landscape has seen an unexpected turn, as a prominent bull company liquidates ETH once more, prompting speculation about market sentiment. Despite significant fluctuations in Bitcoin's price, a leading U.S. company asserts that the conditions do not yet indicate a full bear market.
13:46
One analyst said that the capitulation phase among Bitcoin miners is nearing its end, increasing the likelihood of a price bottom forming in BTC.
13:10
Anchorage Digital, the first crypto bank approved in the US, announced that it has acquired perpetual preferred shares of Bitcoin (BTC) treasury company Strategy.
12:27
According to one analyst, Ethereum founder Vitalik Buterin may have sold his ETH at the bottom. The analyst gave three levels of selling pressure.
11:46
FG Nexus, one of the largest Ethereum treasury companies, sold 7,550 ETH worth approximately $14 million.
11:20
FxPro analyst Alex Kuptsikevich said that $65,000 is a crucial level in determining whether Bitcoin (BTC) will rise or fall.
