Bitcoin News: Investor Activity Dips Despite Record Highs

Bitcoin has recently surpassed its all-time high (ATH), maintaining a strong position above $100,000. However, investor activity remains low, and market sentiment is bearish, with many anticipating a potential correction. Analyst Axel Adler highlights this concerning trend, adding to the uncertainty among traders.

Bitcoin Investor Activity Is Low At The Moment – Expert Reveals Why

Bitcoin is currently experiencing a unique phase in its market cycle, having recently surpassed its all-time high (ATH) and maintaining a strong position above the $100,000 mark. Despite this achievement, the sentiment among investors and analysts remains bearish, with many anticipating a potential correction soon. This conflicting market behavior is causing uncertainty among traders. Analyst Axel Adler has pointed out a worrying trend in the network activity, noting a decrease in the weekly changes of active addresses on the Bitcoin network. This reduction in activity suggests a decline in network engagement, potentially indicating a decrease in investor enthusiasm even as Bitcoin's price remains high.

Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?

On-chain data shows that capital inflows into Bitcoin have slowed down since last year’s high. The 'Realized Cap,' a capitalization model for Bitcoin, indicates that the total valuation of BTC is growing but at a slower rate. This model assumes that the 'real' value of any token in circulation is equal to the price at which it was last transacted on the blockchain. The slowdown in capital inflows could have implications for BTC’s price in the NEAR future.

Peter Schiff on Bitcoin: ‘It’s Just a Meme Coin’ – Fact or Fiction?

Bitcoin recently surged past the $100,000 mark, supported by strong whale activity and robust network performance. Despite this, Peter Schiff, founder of EuroPacific Capital, criticized Bitcoin, labeling it as merely a 'meme coin'. This statement has sparked debates within the cryptocurrency community, with some comparing Bitcoin's status to that of gold, which Schiff might consider a 'meme rock'. The ongoing discussion highlights the contrasting views on Bitcoin's intrinsic value and its role in the financial ecosystem.

Top 3 Cryptocurrencies You Could Watch This Weekend

The cryptocurrency market has faced a correction, with Bitcoin (BTC) dropping to the $102,000 level. The global crypto market cap has decreased by 4.5% in the last 24 hours, now standing at $3.66 trillion. The market has been struggling to gain momentum, and recent political events, including investigations into Donald Trump's cryptocurrency ventures, have added to the uncertainty.

Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates

Bitcoin is currently taking a breather after reaching a new all-time high (ATH) above $109,000 earlier this week. The price is now hovering just above $104,000, showing slightly reduced upward momentum. Despite this, Bitcoin's recent performance has sparked renewed interest in the market. CryptoQuant analyst Burak Kesmeci has provided insights into Bitcoin’s price behavior and key market indicators, focusing on Binance Bitcoin Funding Rates. This metric offers significant clues about market sentiment and dynamics. By examining historical data from previous bull cycles, Kesmeci identified three distinct phases that can help predict future price movements.