Bitcoin and Ethereum prices increased by 4.00% and 4.97% respectively, reaching $71,457 and $2,182, amid a mixed crypto market. This rise coincided with a significant surge in derivatives trading volume, up 87.52%, indicating increased leverage and hedging activity. Meanwhile, stablecoin trading volume sharply declined by 68.78%, suggesting reduced immediate cash liquidity. DeFi activity also surged by 50.89%, reflecting selective risk-taking and complex liquidity dynamics favoring major cryptocurrencies over altcoins. The market shows a cautious but constructive sentiment with a focus on quality assets and leveraged positions.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
