Bitcoin has remained in the $60,000 to $70,000 price range for 307 days, making this the third longest consolidation period within any $10,000 band in its history. This prolonged sideways trading has created a significant support cluster, with about 6% of bitcoin's circulating supply last moving between $58,000 and $64,000. Bitcoin currently trades around $64,000, above its 200-week moving average, a key long-term trend indicator. While it remains about 50% below its all-time high, this consolidation could signal stability or a potential breakout, though the direction remains uncertain.
XRP fell about 5% last week to around $1.03, underperforming as Bitcoin, Ethereum, and Solana gained 1-4%. The overall crypto market cap grew 1.4% to $2.19 trillion. XRP ETF inflows plunged 93% to $1 million, reflecting investor caution amid postpone...
Bitcoin remained steady near $65,200, rising 3.7% over the week despite the U.S. Senate postponing the CLARITY Act vote until September. The market's resilience suggests the delay was already anticipated, with gains driven by investment flows rather ...
Bitcoin momentarily surpassed the $65,000 mark on August 10, buoyed by disappointing US July nonfarm payrolls that reduced expectations for further Federal Reserve rate hikes. The cryptocurrency gained 3.4% over the week, supported by strong institut...
Veteran trader Peter Brandt suggests Bitcoin may face a decline based on a head-and-shoulders chart pattern formed between April and June 2026. The pattern shows Bitcoin's price peaking near $82,000 in May before breaking below a key $75,000 neckline...
Bitcoin surged above $65,000, gaining nearly 3% over the week, driven by a weak US jobs report that reduced concerns about further Federal Reserve rate hikes. Other major cryptocurrencies like ether, BNB, and Solana also posted gains, while XRP lagge...
