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Bitcoin Bouncing After Dipping Below $20K

Bitcoin is recovering over $20,000, having slipped to a six-week low below $19,600 late Sunday, according to CoinDesk data. How sustainable is the bounce? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Crypto Funds End 6-Week Inflows Streak

Crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows, according to CoinShares. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

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Bitcoin Dives Out of Bullish Trendline

Bitcoin (BTC) was on an uptrend from July 11 to early this week, making higher lows. Yet, BTC seems to have broken the trend line after it dipped below $23,500. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

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Memecoins on a Tear, Outperforming Bitcoin

New Crypto Watch data shows memecoins like on dogecoin (DOGE) and shiba inu (SHIB) are outperforming bitcoin (BTC). Plus, meme stocks like Bed Bath & Beyond are also surging. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

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Investors Bet on Ethereum Fork While BTC, Ether Slide

Bitcoin (BTC) and ether (ETH) were trading lower Tuesday as investors and analysts focused on the upcoming Ethereum merge and awaited the release of U.S. consumer price data on Wednesday. BTC may be decoupling from traditional markets amid optimism stemming from Ethereum's impending merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Briefly Passes $24K for First Time in August

Bitcoin briefly broke the $24,000 mark on Monday after a positive weekend of trading. The uptick in BTC's price was not accompanied by strong volume as has often been the case in previous rallies. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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What to Make of Bitcoin's Latest Rally

Bitcoin rallied coming off extremely oversold conditions, according to data analytics firm Glassnode. Is it a bear market relief rally or the start of a sustained bullish charge? Plus, insights into movement on bitcoin's active addresses and block size as "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Arcane Research: Decline in WBTC Likely Related to Celsius Loan Payment

Glassnode data shows the number of wrapped bitcoin (WBTC) declined to around 236,000, the lowest level since bitcoin (BTC) hit all-time highs in late 2021. According to Arcane Research, the drop could be related to Celsius repaying a WBTC loan as the troubled lender filed for bankruptcy. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Coin Metrics’ Blockchain Heat Map Shows When Bitcoin is Most Active

Bitcoin is the most active during European/U.S. business hours, according to Coin Metrics’ ATLAS blockchain heat map. The percentage of bitcoin activity in Asia/Pacific hours dropped around July 2021, which could be a result of China's mining ban. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Heads for Best Weekly Performance Since March

Bitcoin (BTC) is heading toward a 12% weekly gain, its best weekly performance since March. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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