Bitcoin briefly fell to a 22-month low of $57,803 before recovering above $60,000 on July 1, 2026, following Federal Reserve Chair Kevin Warsh's remarks about reduced inflation pressures. Despite this rally, Bitcoin has declined 32% year-to-date and faces continued selling pressure below $60,000. U.S. spot Bitcoin ETFs saw record monthly withdrawals of $4.5 billion in June, reflecting ongoing investor caution amid higher interest rates and shifting market focus. The Fed's commitment to a 2% inflation target suggests cautious monetary policy ahead, impacting Bitcoin's outlook.
Bitcoin long-term holders, defined as wallets holding coins for over 155 days, have moved from net distribution to net accumulation, indicating renewed demand for the cryptocurrency. This shift is driven mainly by smaller and mid-sized wallets, while...
Bitcoin surged back above $60,000 after Federal Reserve Chair Kevin Warsh indicated that inflation risks have decreased, providing a positive boost to the crypto market. Solana led major cryptocurrencies with a 16% weekly gain, while other tokens sho...
XRP continues its downtrend, breaking key support levels and trading near $1.05, with sellers dominating and little buying interest. Bitcoin faces a bearish trend, testing support around $57,000-$58,000 and possibly aiming for $52,000 if that breaks,...
Bitcoin dropped below the key $60,000 level as ETF outflows, large leveraged whale positions, and mixed macroeconomic signals created uncertainty among traders. While some see ETF outflows as a sign of weakening institutional demand, others note long...
Bitcoin (BTC) and major altcoins like Solana (SOL) and Ethereum (ETH) experienced a significant decline in futures long positions across both USDT-margined and coin-margined markets, indicating broad trader de-risking. The largest drops were seen in ...
