BTC FACES FURTHER DOWNSIDE AS WHALE TRANSACTIONS SURGE

Tina Collins

26 Dec 2024

Bitcoin opened trading at $94,800 on Tuesday, its lowest level since November 27.

The average transaction size on the Bitcoin network reached $306,101 on December 22, signaling large sell-offs by whale investors.

The Bull Bear Power indicator shows continued downside risks, with bears dominating the market for six consecutive days.

On-chain data indicates rising sell-side pressure from large investors, increasing concerns about Bitcoin falling below $90,000.

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ECB MEMBER ELDERSON WARNS OF RISKS OF RAPID RATE CUTS!

CHINA'S IMPORTS OF RUSSIAN OIL HIT RECORD HIGH LAST YEAR

CHINA'S VICE PRESIDENT HAN ZHENG MEETS MUSK AND VANCE, DISCUSSES CHINA-US RELATIONS

DOW RISES MORE THAN 300 POINTS, S&P 500 HEADS FOR BEST WEEK SINCE NOVEMBER AS RATES FALL