Bitcoin dropped to its lowest level since early April after failing to break above $83,000, signaling a potential bear market with a pattern of lower highs since October. Despite this, US stock futures for the S&P 500 and Nasdaq 100 rose, nearing record highs, showing a divergence between crypto and equities. Derivatives data shows mixed signals with low implied volatility but increased demand for downside protection. Stellar (XLM) surged 25% following a major platform connection announcement, while Bitcoin Cash and some DeFi tokens declined sharply. The crypto market remains uncertain as institutional interest shows mild improvement but overall sentiment is cautious.
Hyperliquid's native token HYPE gained over 11% in the past day, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, which showed minimal gains. Despite a general decline in derivatives trading volume for top cryptos, HYP...
Cryptocurrency prices steadied following reports that the US and Iran are close to extending their ceasefire by 60 days and reopening shipping routes through the Strait of Hormuz, easing geopolitical tensions and oil prices. Bitcoin held above $73,00...
Crypto analyst Michaël van de Poppe highlights that the US-Iran conflict is currently limiting Bitcoin and altcoin rallies. He expects a deal between the US and Iran soon, which could trigger strong crypto gains over the summer. However, he warns tha...
XRP is hovering near a key support level at $1.30, with on-chain data from Santiment indicating extreme undervaluation as many recent holders face significant losses. Despite a slight rebound, XRP remains down over 4% in the past week and over 6% in ...
Bitcoin trades around $73,381 and Ethereum near $2,004, both close to their 200-day moving averages, which are critical for gauging market sentiment. Bitcoin dominance is steady at 57.6%, influencing potential shifts between Bitcoin and altcoins like...
