Bitcoin remained around the $64,000 level on Tuesday, showing low volatility and sideways movement. Data revealed significant trader liquidations totaling $164.57 million in 24 hours, while spot Bitcoin ETFs saw net inflows of $170.09 million. Analysts noted Bitcoin is testing a descending channel's upper boundary, with $64,300 as a critical breakout level that could lead to gains toward $65,500–$66,500. However, a strong resistance zone between $64,000 and $65,000, marked by large sell orders, may hinder upward movement unless buying pressure increases. Traders also watch August 14 as a historically significant date for Bitcoin's price direction, with a likely test of $60,000 if negative trends persist.
Bitcoin is consolidating between $60,000 and $66,000 with positive signs emerging despite recent challenges like a Coldcard wallet hack and geopolitical tensions. Bitcoin ETFs saw net inflows of $172 million in July, the first positive month in three...
Bitcoin and Ethereum posted small gains while major altcoins showed mixed performance, reflecting a cautious crypto market. Bitcoin's dominance slightly increased to 58.72%, indicating investors prefer holding BTC over riskier altcoins. Stablecoin ac...
Cryptocurrency prices exhibit varied changes, with Bitcoin holding around $63,899 and Ethereum slightly down at $1,865.59. Some altcoins like AVAX and PUMP show notable gains, rising by 2.92% and 5.14% respectively, while others like AAVE and LDO fac...
BitGo is moving $7.3 billion of wrapped Bitcoin (WBTC) cross-chain operations from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP), making Chainlink the exclusive infrastructure for WBTC. This transition consolidates BitGo's tok...
Bitcoin fell from $65,409 to $62,466 on July 31 amid bearish sentiment driven by a hardware wallet hack and panic selling from short-term holders. However, short-term holders reversed course by August 3, buying back around 3,150 BTC, signaling early ...
