Altseason Hampered by Declining Capital Inflows
The total market capitalization of altcoins remains significantly below its all-time high achieved in November 2021, reflecting a market where funds are largely being recirculated rather than supplemented by new inflows. Market analyst Ki Young Ju, CEO of CryptoQuant, highlighted this disparity by comparing altcoin market performance with Bitcoin’s market cap, which has doubled since […]
Bitcoin speculators panic sell at $92K Amid good time for accumulation
Bitcoin investors are recalibrating market expectations as the cryptocurrency faces a 4% drop in weekly prices. According to a recent Quicktake blog post by CryptoQuant, this downturn presents a renewed opportunity for savvy investors to buy the dip. Onchain Data Reveals Loss-Driven Activity Bitcoin’s sentiment has faced challenges in recent weeks, with market volatility leaning […]
December US Jobs Data Sparks Immediate $2K Bitcoin Price Drop
Bitcoin has shown significant sensitivity to updates from the U.S. political and economic landscape, evidenced by a sharp $2,000 drop within just 30 minutes. This sudden movement followed the release of the latest U.S. jobs report for December, which revealed a striking gap between the actual number of jobs added and the more conservative predictions. […]