Bitcoin fell sharply from above $64,000 to near $62,000 between July 7 and 8, driven by geopolitical tensions after Iran fired on commercial vessels and the U.S. retaliated. Analyst Ali Martinez warned Bitcoin could drop further to $59,700 and potentially $56,550, the bottom of its trading channel. The decline is also linked to weak institutional demand and low ETF inflows, compounded by Michael Saylor selling over $200 million in Bitcoin. This suggests Bitcoin may continue its downtrend amid uncertain market conditions.
Bitcoin fell nearly 2% to around $62,103 following President Trump's comments casting doubt on the Iran ceasefire, causing market uncertainty. Technical indicators show a cautious outlook with bearish signals dominating, and resistance near $63,000 t...
Eli Ben-Sasson, co-founder of Zcash, has challenged Bitcoin's fixed supply limit of 21 million coins, suggesting it may not be practical due to lost private keys over time. He proposes replacing the fixed cap with a policy allowing Bitcoin's supply t...
Bitcoin has rebounded from the $60,500-$61,000 support zone and is testing a key resistance area near $61,300, known as the Golden Pocket. Analysts caution that while short-term momentum is improving, Bitcoin must hold this support and break above th...
Bitcoin's price dropped to around $62,000 amid renewed conflict between the U.S. and Iran, which caused oil prices to surge about 5%. This geopolitical tension undermines earlier optimism from falling inflation breakevens, as U.S. consumer inflation ...
Renewed military conflict between the US and Iran sparked a broad sell-off in crypto markets, with Bitcoin and Ethereum dropping over 2%. The CoinDesk 20 Index fell 2.9%, while altcoins like Jupiter and Ether.fi saw losses exceeding 5%. Rising geopol...
