Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altcoins. Traders are closely monitoring support and resistance levels, especially the 200-day moving average, which remains a critical trend indicator. Position management is key this weekend as volatility and potential gaps encourage reduced exposure and tighter stops. Ethereum's recent strength will be a key signal for market direction into next week.
Bitcoin price increased by 2.46% to $61,644 on July 3, driven by easing geopolitical tensions following progress in US-Iran peace negotiations. ARK Invest CEO Cathie Wood stated that the reopening of the Strait of Hormuz will increase oil supply, wea...
Top traders significantly reduced their Ethereum futures long positions in both USDT- and coin-margined markets, signaling a short-term de-risking despite stable overall crypto market conditions. Ethereum's long position share among top traders fell ...
The cryptocurrency market is showing signs of recovery as $1.9 billion in Bitcoin options, $230 million in Ethereum options, and $3.7 million in XRP options expire today. Bitcoin has surged over 6% to around $62,000, supported by bullish call options...
Bitwise CIO Matt Hougan says MicroStrategy's era as Bitcoin's dominant buyer is ending as the company shifts to a new capital framework allowing Bitcoin sales up to $1.25 billion for dividends, reserves, and buybacks. This change follows a drop in Mi...
For the first time in the current cycle, more bitcoin—about 10.83 million BTC—is held at a loss than at a profit, reflecting a significant correction from January's $109,000 peak. Historically, this shift signals financial stress and often precedes m...
