Bitcoin has surged past the $80,000 mark despite major banks scrapping forecasts for Federal Reserve rate cuts this year due to persistent inflation pressures, particularly from high energy prices linked to geopolitical tensions. While higher interest rates typically weigh on risk assets, bitcoin appears increasingly viewed as an inflation hedge, supported by inflows into spot ETFs and selective strength in altcoins. Technical indicators suggest bitcoin is testing key resistance levels near $81,500 and $84,000, with a decisive breakout potentially driving prices higher, while sentiment remains cautiously optimistic at a neutral midpoint. This resilience highlights bitcoin's growing detachment from traditional macroeconomic factors and signals potential for further gains if it surpasses critical technical thresholds.
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
Michael Saylor highlights that Bitcoin's biggest evolution over the next decade will come from the expansion of its financial ecosystem rather than changes to its protocol. He believes institutional adoption—through ETFs, corporate treasuries, banks,...
Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...
