Bitcoin has surpassed $80,000 for the first time since January, signaling a bullish breakout with daily RSI and MACD indicators turning positive. The key resistance now shifts to $85,000, with analyst Michael van de Poppe highlighting $86,000 to $88,000 as the first major resistance zone. However, a 4-hour chart shows a potential risk of a drop back to $75,000 if Bitcoin fails to hold above a broken ascending channel. The next 24 to 48 hours are critical to confirm whether the bullish momentum will continue or if a retracement will occur.
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Bitcoin's quantum discount has reached a record 30% due to delayed security upgrades against quantum computing threats, causing a significant undervaluation. XRP's 30-day MVRV indicator turned positive, signaling trader profits and a potential reboun...
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Bitcoin surged to over $66,000, its highest in more than a month, driven by optimism that the US Clarity Act, a major crypto market regulation bill, will pass before next April. The bill aims to divide crypto oversight between the SEC and CFTC, openi...
Bitcoin's price has risen above $66,000, supported by institutional inflows through U.S.-listed ETFs and long-term holders accumulating coins. The White House's agreement on an ethics clause for the Clarity Act boosts hopes for the legislation's prog...
