Bitcoin surged close to the $80,000 mark, reaching an intraday high of $79,477, driven by significant accumulation from large holders and strong inflows into Bitcoin spot ETFs totaling $2.03 billion in April. Addresses holding over 1,000 BTC added 270,000 coins in the past month, the largest monthly gain since 2013, while Bitcoin reserves on exchanges fell to a seven-year low, indicating a shift to cold storage. Technical analysts highlight the $79,000–$80,000 range as a critical resistance zone, with sustained daily closes above $80,000 needed to confirm a bullish trend. Market watchers remain cautious as profit-taking continues, but institutional demand and reduced leverage suggest a solid foundation for potential further gains.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
