Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

2025-05-19

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

2025-05-18

Hedera Hashgraph (HBAR) Price forecast before 19 May

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Bitcoin Could Quickly Jump to $30,000 and Beyond if Key BTC Holders Sustain Emerging Trend, Says Santiment
Analysis

Bitcoin Could Quickly Jump to $30,000 and Beyond if Key BTC Holders Sustain Emerging Trend, Says Santiment

2023-08-07No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The crypto king could soon find itself over the $30,000 level if key holders continue the trend of swapping stablecoins for Bitcoin (BTC), according to Santiment.

New data from the market intelligence platform reveals that Bitcoin whales are beginning to trade their stablecoins for the king crypto asset after months of decreasing their BTC stashes.

Santiment adds that BTC sharks have also started to accumulate the flagship crypto asset.

“After a month of whales mildly lessening their Bitcoin bags, we’ve seen some swapping of their stablecoins for more BTC. If this trend continues, we could see a quick rebound of prices back to $30,000 and beyond.”

Source: Santiment/X

The crypto analytics firm also says that Bitcoin’s address activity is at the highest level it’s been in months and that traders have been moving BTC at a loss. According to Santiment, these signals suggest that Bitcoin is primed to see a short-term price boost.

“Bitcoin’s address activity has surged to its highest level in 3.5 months in August. This utility increase, combined with major loss transactions and negative sentiment, is a strong sign that a short-term (at minimum) BTC price bounce is more probable.”

Source: Santiment/X

Bitcoin is trading for $29,121 at time of writing, a fractional decrease during the last 24 hours.

Santiment goes on to say that traders should keep an eye on “polarizing topics,” such as the post-halving performance of the peer-to-peer payments network Litecoin (LTC) and the continuing enforcement actions of the U.S. Securities and Exchange Commission (SEC) against the industry.

According to the analytics firm, these narratives could influence the direction of the crypto markets.

See also  TRX Bulls Keep Pushing, Why The Rally Isn't Over Yet

“Keep an eye on polarizing topics like Curve, RWA (real-world assets), and the Litecoin halving price performance as the week comes to an end. These topics, alongside continued exchange and SEC drama, are what will drive markets up or down for the time being.”

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18

Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

2025-05-17

$ 40 billion in XRP on the road – where are they going?

2025-05-17

Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

2025-05-17
Add A Comment
Leave A Reply Cancel Reply

Top Posts

SHIB expects a better February after a 14.50% loss in January

2024-02-01

Democrat Senator Urges SEC Chair Gary Gensler To Release Clear Crypto Regulations

2022-10-18

Altcoins follow Bitcoin – but that is not always good

2025-03-14
Editors Picks

Soonchain to accelerate Real-World Crypto payments in collaboration with Miro

2025-04-08

Huge acceleration looms for XRP after elections: analyst claims

2024-11-10

Will Bitcoin Price Soar Or Slump In The Coming Days?

2023-07-28

Measuring the performance of two crypto giants this cycle

2024-10-09
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

Hedera Hashgraph (HBAR) Price forecast before 19 May

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,961.84-0.43%
  • ethereumEthereum(ETH)$2,373.41-4.72%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.33-1.82%
  • binancecoinBNB(BNB)$636.10-1.19%
  • solanaSolana(SOL)$162.99-3.47%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2171370.01%
  • cardanoCardano(ADA)$0.72-3.67%
  • tronTRON(TRX)$0.261182-3.98%
  • suiSui(SUI)$3.72-1.62%
  • chainlinkChainlink(LINK)$15.03-3.01%
  • avalanche-2Avalanche(AVAX)$21.58-4.39%
  • stellarStellar(XLM)$0.278307-3.51%
  • hyperliquidHyperliquid(HYPE)$25.48-3.29%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.41%
  • hedera-hashgraphHedera(HBAR)$0.187401-2.64%
  • bitcoin-cashBitcoin Cash(BCH)$384.97-3.25%
  • the-open-networkToncoin(TON)$3.01-2.46%
  • litecoinLitecoin(LTC)$95.01-2.37%
  • polkadotPolkadot(DOT)$4.47-4.02%
  • moneroMonero(XMR)$343.041.06%
  • bitget-tokenBitget Token(BGB)$5.08-0.32%
  • pepePepe(PEPE)$0.0000133.29%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.730.52%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.69-1.65%
  • bittensorBittensor(TAO)$399.00-6.30%
  • nearNEAR Protocol(NEAR)$2.68-1.49%
  • aaveAave(AAVE)$213.67-3.88%
  • okbOKB(OKB)$52.19-1.79%
  • aptosAptos(APT)$4.87-4.94%
  • ondo-financeOndo(ONDO)$0.90-2.69%
  • kaspaKaspa(KAS)$0.106902-2.45%
  • internet-computerInternet Computer(ICP)$5.03-3.33%
  • ethereum-classicEthereum Classic(ETC)$17.57-3.73%
  • gatechain-tokenGateToken(GT)$21.40-0.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-0.87%
  • crypto-com-chainCronos(CRO)$0.094966-3.08%
  • mantleMantle(MNT)$0.73-0.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.229381-2.06%
  • vechainVeChain(VET)$0.027210-2.62%
  • render-tokenRender(RENDER)$4.38-4.07%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • ethenaEthena(ENA)$0.351741-4.54%
  • algorandAlgorand(ALGO)$0.213370-2.09%
  • filecoinFilecoin(FIL)$2.74-2.78%
  • cosmosCosmos(ATOM)$4.67-1.32%
  • bitcoinBitcoin(BTC)$102,961.84-0.43%
  • ethereumEthereum(ETH)$2,373.41-4.72%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.33-1.82%
  • binancecoinBNB(BNB)$636.10-1.19%
  • solanaSolana(SOL)$162.99-3.47%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2171370.01%
  • cardanoCardano(ADA)$0.72-3.67%
  • tronTRON(TRX)$0.261182-3.98%
  • suiSui(SUI)$3.72-1.62%
  • chainlinkChainlink(LINK)$15.03-3.01%
  • avalanche-2Avalanche(AVAX)$21.58-4.39%
  • stellarStellar(XLM)$0.278307-3.51%
  • hyperliquidHyperliquid(HYPE)$25.48-3.29%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.41%
  • hedera-hashgraphHedera(HBAR)$0.187401-2.64%
  • bitcoin-cashBitcoin Cash(BCH)$384.97-3.25%
  • the-open-networkToncoin(TON)$3.01-2.46%
  • litecoinLitecoin(LTC)$95.01-2.37%
  • polkadotPolkadot(DOT)$4.47-4.02%
  • moneroMonero(XMR)$343.041.06%
  • bitget-tokenBitget Token(BGB)$5.08-0.32%
  • pepePepe(PEPE)$0.0000133.29%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.730.52%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.69-1.65%
  • bittensorBittensor(TAO)$399.00-6.30%
  • nearNEAR Protocol(NEAR)$2.68-1.49%
  • aaveAave(AAVE)$213.67-3.88%
  • okbOKB(OKB)$52.19-1.79%
  • aptosAptos(APT)$4.87-4.94%
  • ondo-financeOndo(ONDO)$0.90-2.69%
  • kaspaKaspa(KAS)$0.106902-2.45%
  • internet-computerInternet Computer(ICP)$5.03-3.33%
  • ethereum-classicEthereum Classic(ETC)$17.57-3.73%
  • gatechain-tokenGateToken(GT)$21.40-0.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-0.87%
  • crypto-com-chainCronos(CRO)$0.094966-3.08%
  • mantleMantle(MNT)$0.73-0.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.229381-2.06%
  • vechainVeChain(VET)$0.027210-2.62%
  • render-tokenRender(RENDER)$4.38-4.07%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • ethenaEthena(ENA)$0.351741-4.54%
  • algorandAlgorand(ALGO)$0.213370-2.09%
  • filecoinFilecoin(FIL)$2.74-2.78%
  • cosmosCosmos(ATOM)$4.67-1.32%