Bitcoin's price fell below the $64,000 mark, currently trading around $63,981 amid increased selling pressure. Technical indicators like the bearish crossover and MACD suggest accelerating downward momentum, while resistance at $67K remains unbroken, limiting upside potential. The market shows weak momentum with sellers dominating, and key support levels near $63,842 could be tested. Traders are cautious, awaiting clearer signals before buying, as the broader trend may shift toward a deeper pullback or reversal.
Bitcoin price fell below $64,000 on August 11 due to rising oil prices and uncertainty ahead of the U.S. July Consumer Price Index (CPI) report. The price briefly dropped to around $63,852 before recovering slightly, with key support at $63,900–$64,0...
Bitcoin is under short-term pressure after falling below $64,100, with traders watching $64,500 as resistance and $63,300 as support. The price could retest $64,500 but a failure to break above it may lead to a drop toward $63,300, where buyers might...
Bitcoin fell 1.68% as hopes for a Strait of Hormuz resolution faded after Trump demanded 50 years of compensation from Iran, pushing oil prices above $89. XRP faces pressure, nearing a drop below $1 for the first time in 2024. Crypto and equity marke...
Software stocks, represented by the iShares Expanded Tech-Software Sector ETF (IGV), have surged 40% from their April lows and reached a one-year high relative to Bitcoin, breaking a long-standing correlation. While IGV nears its record highs, Bitcoi...
Trump Media reported a $238.1 million net loss in Q2 due to unrealized losses on digital assets and securities totaling $190.4 million. Despite the loss, revenue grew 89% to $1.67 million, driven by advertising, subscriptions, and management fees. Af...
