Bitcoin reached a cycle bottom at $59,375 on June 5, marking a 53% drop from its peak. This low was driven by investors selling Bitcoin ETFs to fund SpaceX's IPO, which debuted strongly on Nasdaq with a 26% gain, easing crypto selling pressure. Additionally, progress in U.S.-Iran talks and falling oil prices are improving the macroeconomic outlook for digital assets. Analyst Geoffrey Kendrick maintains year-end targets of $100,000 for Bitcoin and $4,000 for Ethereum, expecting Ethereum to outperform Bitcoin in the coming months.
Solana (SOL) surged about 7% over two days, leading altcoin gains amid easing U.S.–Iran tensions that improved risk sentiment across global markets. The rally was driven by macro factors rather than Solana-specific news, with trading volume rising 24...
Solana (SOL) has gained 13% in the past week, nearing a key resistance level at $77 amid easing geopolitical tensions and lower oil prices. The upcoming Federal Reserve meeting and new chairman's stance on interest rates will be crucial for SOL's nex...
Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...
Bitcoin surged toward $67,000 following reports of a U.S.–Iran ceasefire framework, triggering a relief rally as oil prices fell and risk appetite improved. However, this rally faces resistance near $67K due to overhead supply, ETF outflows, and rece...
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
