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Search results for Aug. 29

Crypto

XRP liquidity on Binance hits six-month high, uptrend signal \'not yet\'

XRP’s 30-day liquidity index on Binance has risen to its highest level in about six months, pointing to improving trading conditions after a summer slowdown. The 30-day turnover climbed to about $4.6 billion and the liquidity index to about 0.0675. Large inflows and outflows on Sept. 11 also set six-month daily highs, while derivatives indicators improved modestly. The data suggest stronger order absorption, but not a confirmed bullish trend.

Crypto

Why bitcoin cannot clear $80,000 as oil surge to $100 adds pressure

Bitcoin erased overnight gains after U.S. stocks opened on Sept. 9, as investors grew cautious ahead of U.S. producer and consumer price data. Major altcoins also fell. Brent crude climbed above $100 a barrel for the first time since July 23, adding pressure on risk assets, while Treasury yields stayed high. Spot bitcoin ETF flows turned negative on Sept. 8. In contrast, Zcash surged on ETF-related developments and the launch of options trading.