Bitcoin is trading just above the $75,000 support level after failing to break $78,000, staying below the $76,000 mark that would signal a new bull market according to analyst Tom Lee. Ether also faces resistance near $2,150 and is retreating toward $2,000 support. Crypto futures volume and liquidations surged, indicating increased market activity but a bearish trend with traders shorting positions. Despite broader weakness, tokens like Hyperliquid's HYPE and Monero showed gains, highlighting selective altcoin strength amid cautious market sentiment. The market remains at a critical juncture with potential for deeper losses if key support levels fail.
Over the past 12 months, Bitcoin has underperformed the S&P 500 by roughly 56%, declining 30.35% while the S&P 500 rose nearly 27%. Despite renewed optimism for cryptocurrencies and bullish price targets from major financial institutions predicting B...
Bitcoin's market value has dropped to 13th place globally, falling about 11% this year and nearly 30% over the past year. Meanwhile, precious metals like gold and silver have surged, with gold reaching a record $5,600 per ounce earlier this year. Sem...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving averag...
