Leading cryptocurrencies Bitcoin and Ethereum dropped ahead of the US Senate Banking Committee's vote on the Clarity Act, which aims to clarify crypto regulations. Bitcoin fell below $79,000 before partially recovering, while Ethereum hit an intraday low of $2,233. Dogecoin bucked the trend with a nearly 3% gain. Over $370 million was liquidated in the past 24 hours, mainly affecting long position traders. Analysts warn Bitcoin could test lower support levels amid high selling pressure. The crypto market remains volatile as regulatory clarity approaches.
Veteran trader Peter Brandt warns that Bitcoin's recent rise above $79,000 does not confirm a durable bottom, as BTC remains within a broader bearish corrective channel. He highlights $79,145 as a key resistance level; failure to close above it decis...
Cryptocurrency prices showed a mixed trend with most major coins like Bitcoin, Ethereum, and Solana declining. Bitcoin is trading near $79,285, down 1.67%, while Ethereum dropped 1.50% to about $2,253. Other coins such as Solana and Cardano also saw ...
Cryptocurrency markets show a general downward trend with Bitcoin priced around $79,449, down 1.36%, and Ethereum at $2,255, down 1.24%. Other major coins like Solana and Cardano also experienced notable drops, reflecting ongoing market volatility. S...
Market maker Wintermute warns that Bitcoin's recent price rise near $81,000 looks driven by a short squeeze rather than strong spot demand or a genuine breakout. The rally is fueled by traders covering losing short positions and leverage, not broad b...
On May 12, Bitcoin ETFs saw inflows exceeding $220 million, contributing to nearly $1 billion in total inflows for the month. This robust activity highlights sustained institutional interest in Bitcoin investment products. Additionally, Hyperliquid r...
