Bitcoin has fallen nearly 26% this year, losing $665 billion in market value, but recently crossed $65,000 amid hopes of a rally. Analysts differ on timing: Joao Wedson predicts the bear market could last until October based on historical cycles, while FrankAFetter sees signs of a near-term breakout if Bitcoin clears resistance at $65,000 and $82,000. The key challenge remains overcoming strong sell walls around $64,000 to $65,000 to sustain any upward momentum.
The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins...
Over $162.95 million in leveraged crypto positions were liquidated within 24 hours, mainly affecting short sellers on Bitcoin and Ethereum. This short squeeze occurred as Bitcoin rose about 0.83% to $64,539 and Ethereum increased 1.79% to around $1,9...
Forge, an analytics platform on the Allora Network, now offers 15-minute realized volatility forecasts for Bitcoin, Ethereum, Solana, and XRP. This high-frequency data provides traders with near-real-time insights into price fluctuations, useful for ...
GSR's institutional Crypto Core3 portfolio fell 57.78% over the past year, underperforming an equal-weighted crypto basket due to sharp declines in Bitcoin, Ethereum, and Solana. The portfolio shifted to increase Bitcoin exposure while reducing Ether...
MoonLambo's host Matt highlights a PMI reading of 55.6, the first above 55 in over five years, as a key sign that crypto markets are nearing the end of a mid-cycle correction rather than entering a prolonged bear market. This PMI level historically p...
