Crypto analyst Rekt Capital warns that Bitcoin's bear market may not be over, citing historical patterns from previous cycles. He notes that Bitcoin is about 270 days from its 2025 peak, while past cycles took around 365 days to reach the bottom. The analyst suggests the current market could see a short-term relief rally but expects further downside and consolidation before a true bottom is found. This outlook is based on similarities with Bitcoin's 2022 bear market and other macro downtrends following descending triangle breakdowns.
On July 3, $2.13 billion worth of Bitcoin and Ethereum options expired, highlighting cautious investor positioning. Bitcoin options worth $1.9 billion expired with a put-call ratio of 0.70, while Ethereum options worth $230 million had a higher put-c...
A large investor increased long positions in Bitcoin and Solana, risking over $70 million following a weak US jobs report that eased fears of Fed rate hikes. Despite a relief rally pushing Bitcoin toward $62K, the Fed is expected to keep rates steady...
XRP ETFs saw $6.55 million in net inflows on July 2, marking their eighth consecutive positive week and pushing assets under management close to $1 billion. Bitcoin's BIP-110 soft fork, aimed at censoring non-monetary data, was declared dead by Block...
Bitcoin whales accumulated over 270,000 BTC worth about $16.7 billion in two weeks, even as U.S. spot Bitcoin ETFs saw $4.06 billion in outflows in June, their worst month since launch. This divergence highlights a market split where large individual...
Cryptocurrency prices are fluctuating with Bitcoin trading around $61,950, showing a 1.19% increase. Ethereum has gained significantly by 5.68%, while other altcoins like Binance Coin and Cardano also show positive movements. These changes reflect on...
