Bitcoin is approaching $65,500, supported by falling oil prices after a preliminary US-Iran agreement to ease tensions and reopen the Strait of Hormuz. This reduces inflation fears and boosts risky assets like Bitcoin. Key factors to watch include whether the agreement holds, Bitcoin's ability to break the $69,000 resistance level, the tone of the upcoming US Federal Reserve meeting chaired by Kevin Warsh, and the buying activity of large investors. Despite some whale buying, overall demand remains weak, leaving Bitcoin's recovery uncertain this week.
Bitcoin jumped above $66,000, with Ethereum, XRP, and Dogecoin also rising up to 13% following a U.S.-Iran peace agreement that increased investor risk appetite. Despite significant trader liquidations totaling over $600 million in 24 hours, spot Bit...
Last week marked the fifth consecutive week of outflows from Spot Bitcoin ETFs, with $405.2 million withdrawn despite Bitcoin's price rising from $61,000 to $65,000. Similarly, Ethereum ETFs experienced significant outflows totaling $405.2 million, e...
Bitcoin surged nearly 5% to over $67,000, driven by reduced selling from large holders and shrinking exchange reserves, signaling lower selling pressure. Key support levels between $60,000 and $61,500 have strengthened due to whale buying, while tech...
Cryptocurrency markets display varied performance with Bitcoin priced at $66,801, up 4.35%, and Ethereum rising significantly by 9.77% to $1,824.49. Other notable increases include XRP, SOL, and ADA, reflecting growing investor interest. These moveme...
Bitcoin's recent drop to around $60,000 triggered strong buying from large investors, or whales, while retail investors held back. This buying pressure quickly pushed the price back up to $66,000. On-chain data from Glassnode shows a synchronized acc...
