Bitcoin and Ethereum prices increased by 1.80% and 2.71% respectively, signaling investor preference for large-cap cryptocurrencies despite mixed performance among altcoins. Bitcoin dominance rose to 57.92% and Ethereum's to 9.87%, indicating capital rotation toward more liquid, lower-risk assets. Meanwhile, trading volumes in DeFi, stablecoins, and derivatives declined, suggesting cautious market sentiment and selective buying rather than broad enthusiasm. The market's near-term direction depends on whether large caps can sustain momentum without a rebound in overall market liquidity and risk appetite.
Strategy increased its Bitcoin holdings by 811 BTC recently, bringing its total to 849,327 BTC, over 4% of all Bitcoin in circulation. The company also reduced its leverage from 108% at the start of 2023 to just 3%, reflecting a stronger financial po...
Michael Saylor's company, Strategy, has nearly reached $1 billion in unrealized profits from its Bitcoin holdings, despite ongoing market volatility. The firm recently added 811 BTC worth $65.5 million, bringing its total to 849,327 BTC valued at abo...
Major cryptocurrencies declined as Bitcoin ETFs experienced over $1 billion in outflows following the $6.3 billion Binance hack. Despite the sell-off, analyst Tom Lee called the market's response "constructive," highlighting Binance's coverage of los...
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Bitcoin fell nearly 2% to below $77,000 following renewed geopolitical tensions from Trump-ordered strikes on Iran's Qeshm Island, which also pushed oil prices above $106.95 per barrel. The conflict fears triggered a risk-off sentiment, causing $382 ...
