When Will the Crypto Market Rise Again?

Quick Summary:

Gox creditors have escalated the recent crypto pessimism fueled by heightened selling pressure from Bitcoin (BTC) miners and whales.

According to on-chain data from Glassnode, more than 21k Bitcoins worth more than $1.2 were sent to cryptocurrency exchanges in the past week.

The post When Will the Crypto Market Rise Again?

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: News Bitcoin Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 13:41:35 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 21493486

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 19 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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