Bitcoin Breaks $82,000: Who Is Driving The Market?

Quick Summary:

Data of the Bitcoin Coinbase Premium Gap could hint at which part of the market has been behind the bullish price action over the weekend.

Bitcoin Coinbase Premium Gap Saw Negative Dips During Weekend In a CryptoQuant Quicktake post, an analyst has discussed about the recent trend in the Bitcoin Coinbase Premium Gap.

Interestingly, both of these spikes preceded some degree of upward push in the cryptocurrency’s price, implying that the burst of buying that occurred on Binance was responsible for the surges.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Btc Bitcoin All-Time High Bitcoin News Coinbase BTCUSDT Binance Bitcoin Bitcoin Coinbase Premium Gap

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 18:30:32 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23524102

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About Bitcoinist

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Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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