Chain News Today TheBitTimes.com

Bitcoin (BTC) has struggled in the opening months of the year. Now, the Bitcoin short ratio has seen a rapid increase. In the second half of March, the leading cryptocurrency has been trading in a range between $83,000 and $88,000, but this latest bearish development could herald another retest of crucial support levels. First, let’s recap recent price action. In the past 24 hours, the price of the flagship digital asset has increased by 0.23%, accompanied by an appreciable amount of volatility. On a year-to-date (YTD) basis, Bitcoin has lost 7.43% in value. BTC price 1-day and year-to-date (YTD) charts. Source: Finbold That certainly isn’t bearish price action. In addition, readers should note the spike in volume seen in early March on the chart to the right, which indicates a strong level of demand at the $80,000 price point. Picks for you ...

The non-fungible token market recorded a remarkable resurgence in November, marked by a meteoric rise in trading sales volume and floor price values. The global NFT market has surged past $500 million, fueled by a resurgence in interest following Donald Trump’s recent re-election in the United States, among other factors. During his campaign, His Excellency Trump promised to tame the volatile crypto market, pushing more investors back to the NFT market. NFT Sales Rise By 50% In November 2024 Data compiled by CryptoSlam.io, an on-chain crypto market data aggregation platform designed to offer transparency for NFT collectibles across multiple blockchain and backed by prominent crypto billionaire Mark Cuban, shows that the global non-fungible token market has surged in sales volume in November. In the past 30 days, the global NFT market has attracted a trading sales volume of $562 million, representing a 50% increase from October 2024. In November 2024, the number of investor...