Bitcoin is trading near $62,880 with a slight decline over the past week, testing support levels while Ethereum has dropped more sharply to $1,674. Bitcoin dominance remains high at 56.2%, indicating a BTC-led market as traders remain cautious, especially over the low-volume weekend period. Stablecoins are gaining, suggesting investors prefer parking capital rather than taking new risks. Traders are advised to manage positions carefully with modest sizes and tight stops until clearer market direction emerges after the weekend.
Bitcoin is approaching the critical $60,000 level, a key support tied to institutional cost bases and derivatives hedging. If it falls below this threshold, it could trigger mechanical selling by market makers and forced liquidations of leveraged lon...
Bitcoin price dropped to around $61,925 on June 5, pressured by ETF outflows, a rare sale by Strategy, and a surge in large whale deposits on Binance. The $60,000 level has become a critical support after Bitcoin fell sharply from highs above $74,000...
Bitcoin options data from Deribit reveals a bullish market sentiment with a call-heavy open interest, especially concentrated in $80,000 strike calls, indicating traders expect higher prices in the medium term. However, recent trading volume shows in...
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
Strategy's Bitcoin holdings face nearly $11 billion in unrealized losses due to recent market drops, yet the company remains the largest institutional BTC holder. Standard Chartered analysts interpret these losses as signs of a potential market botto...
