Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin retail buying rises as whales sell, risking a drop to $50K amid weak market support.

Market News
01 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin recently hit a 21-month low near $58.1K with weak engagement from large holders, while retail investors aggressively accumulate. This divergence, with whales distributing and smaller wallets buying, weakens market structure and raises the risk of a bull trap. Stablecoin outflows from Binance and muted ETF demand suggest investors prefer holding liquidity over deploying capital. Without strong whale buying, Bitcoin could slide toward $50K, supporting bearish predictions like Peter Schiff's.

More News

Idaho Copper prices $18M public offering, plans NYSE American listing July 2, 2026

Idaho Copper prices $18M public offering, plans NYSE American listing July 2, 2026

Idaho Copper Corporation announced an $18 million public offering of common stock and warrants priced at $4.85 per share, with an additional 45-day option for over-allotments. The proceeds will fund an updated Preliminary Economic Assessment, initial...

Company Fundamentals
Bullish
2 hours ago
Global neonatal infant care market to reach $5.59B by 2035 with 6.21% CAGR driven by rising preterm births.

Global neonatal infant care market to reach $5.59B by 2035 with 6.21% CAGR driven by rising preterm births.

The global neonatal infant care market, valued at $3.06 billion in 2025, is projected to grow to $5.59 billion by 2035 at a CAGR of 6.21%. Growth is driven by increasing preterm births and neonatal complications like respiratory disorders and jaundic...

Market News
Neutral
2 hours ago
FDA approves Casgevy gene therapy for children 2+ with sickle cell disease and beta thalassemia

FDA approves Casgevy gene therapy for children 2+ with sickle cell disease and beta thalassemia

The FDA has approved Casgevy, a gene therapy using CRISPR technology, for children aged 2 and older with sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT). This therapy modifies patients' own stem cells to increase fetal hemo...

Market News
Neutral
3 hours ago
US ends USMCA renewal, opts for annual reviews amid trade tensions and scrutiny of South Korea's trade practices.

US ends USMCA renewal, opts for annual reviews amid trade tensions and scrutiny of South Korea's trade practices.

The US has decided not to renew the United States-Mexico-Canada Agreement (USMCA), instead opting for annual reviews to address ongoing trade issues, particularly trade deficits with Canada and Mexico. This move signals a shift in US trade policy und...

Market News
Neutral
4 hours ago
ClearBridge Energy Midstream Fund holds with 8.6% yield but faces risks from concentration and leverage.

ClearBridge Energy Midstream Fund holds with 8.6% yield but faces risks from concentration and leverage.

ClearBridge Energy Midstream Opportunity Fund (EMO) maintains a hold rating due to its attractive 8.6% monthly dividend yield, supported by earnings and tax-efficient distributions. However, the fund's concentrated exposure to a few midstream energy ...

Analyst Insights
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App