| Time | Details |
|---|---|
| 2024-08-02 07:30 |
Bitcoin Expected to Reach New All-Time High by September/October
According to @CryptoMichNL, Bitcoin needs to maintain a price above $60-61K to continue its upward trajectory towards a new all-time high. Historically, August and September have been challenging months for Bitcoin, but the analyst anticipates a shift in momentum starting in mid-August, leading to a potential new all-time high by September or October. (Source) |
| 2024-08-03 17:00 |
Altcoins Hitting New Lows, Recovery Expected in August
According to @CryptoMichNL, the altcoin market continues to decline, with the Others/BTC ratio currently reaching a new low. This unusual trend suggests that the market may be nearing a bottom. Traders are advised to hold on through August, as a significant market recovery is anticipated thereafter. (Source) |
| 2024-08-29 14:27 |
Bitcoin Faces Critical Decision Point After August Crashes
According to Lookonchain, Bitcoin experienced two significant price crashes in August. The key question now is whether Bitcoin will continue to decline or rebound from its current low. Lookonchain suggests using five specific indicators to determine whether to exit Bitcoin positions at this point. (Source) |
| 2024-09-01 14:00 |
Potential Green Month for Crypto in September
According to CryptoMichNL, the cryptocurrency market has experienced six red months out of the past seven. However, August showed a relatively positive performance, suggesting that September could be a green month for the market. (Source) |
| 2024-09-03 11:36 |
Tron Network Sees 7.8% Transaction Increase in August
According to @intotheblock, the Tron network processed nearly 230 million transactions in August, marking a 7.8% increase from July. This growth underscores the continued upward momentum in the network's activity, indicating strong user engagement and potential for further growth. (Source) |
| 2024-09-04 14:30 |
Spot and Derivatives Volume on CEXs Increased by 5.38% in August
According to CCData_io, the latest Exchange Review report reveals that spot and derivatives trading volume on centralized exchanges (CEXs) increased by 5.38% in August, reaching a total of $5.22 trillion. This marks the second consecutive month of rising trading activity in the cryptocurrency market. (Source) |
| 2024-09-05 08:24 |
Binance Dominates August Crypto Exchange Market Share, Bybit Reaches New Highs
According to @CCData_io, Binance remains the leader in overall trading volume for August, holding a market share of 37.1%. Bybit followed closely, achieving new all-time highs in both spot and derivatives market shares at 9.89% and 15.9%, respectively. (Source) |