Bitcoin remains stuck in a narrow range between $76,000 and $82,000 as traders await the Federal Reserve's interest rate decision. Large leveraged positions near these levels create significant liquidation risks, with $1.95 billion in short positions above $82,000 and many long positions clustered near $76,000. Reduced selling by long-term holders may lessen resistance above $82,000, potentially accelerating a breakout if buyers push higher. However, a drop below $76,000 could trigger forced selling and a sharper decline. Market reaction will also depend on Fed projections and real Treasury yields, which could cap gains amid inflation and energy price pressures.
Bitcoin traded near $78,700 and XRP around $1.41 as investors awaited the U.S. Senate's procedural vote on the CLARITY Act, which could reshape crypto market regulations. The broader crypto market saw a 1.32% gain, driven by optimism about the bill, ...
Cryptocurrency markets exhibit varied price changes, with Bitcoin rising 2.12% to $78,941 and Ethereum up 1.02%. Significant gains are seen in XLM (+9.12%) and NEAR (+9.52%), indicating strong interest in these altcoins. Meanwhile, some tokens like R...
Bitcoin's price climbed back above $78,000 after dipping to $76,464, driven by renewed optimism around the CLARITY Act as House Democrats debated the bill. Despite initial volatility wiping out $223 million in leveraged crypto positions, the cryptocu...
Cryptocurrency markets display varied price changes: Bitcoin rises by 1.87% to $78,552, while XRP leads gains with a 4.41% increase. Other notable movements include ZEC up 4.49%, XLM surging 8.16%, and some coins like RAIN and XMR experiencing declin...
Bitcoin price hovered around $77,850 after briefly surpassing $78,300, as traders await key events this week: the Federal Reserve's interest rate decision and a Senate vote on the Crypto Clarity Act. Last week, U.S. spot Bitcoin ETFs saw $462.73 mill...
