Bitcoin gained 1.55% to $80,900 on May 15, driven by positive news around the Clarity Act Bill and increased market activity, with trading volume up 25% to $44.82 billion. A whale placed a $57 million long bet on BTC, signaling strong confidence, while U.S. Spot BTC ETFs saw a net inflow of $131.31 million, showing growing institutional interest. BTC faces resistance at $82,700, a key level to watch for a potential further rally to $89,500; failure to break this could lead to sideways trading or a weakening bullish trend if it falls below $79,500. Overall, whale activity and ETF inflows support a cautiously optimistic outlook for Bitcoin's near-term price movement.
Prominent crypto trader Huang Licheng, known as "Machi Big Brother," closed most of his leveraged long positions in Ethereum and Bitcoin, incurring losses close to $32 million. Despite these closures, he still holds about 6,800 ETH, indicating a part...
Bitcoin's price dropped below $79,000 following a sharp sell-off in the US bond market, which triggered a roughly 3% decline in Bitcoin's value. This move highlights the growing sensitivity of cryptocurrencies to traditional financial markets and mac...
Bitcoin's recent rally to $74,000-$87,000 is seen as a counter trend bounce, not a new bull market start, according to analyst Kevin. He highlights Bitcoin's failure to break resistance near $120,000-$125,000 and weakening momentum indicators as sign...
The HYPE token surged nearly 16% following the launch of Bitwise's new Hyperliquid ETF, which offers spot exposure and staking features for the token. This ETF debut, along with Coinbase's role as USDC treasury deployer for Hyperliquid and wallet int...
Bitcoin and Dogecoin are both struggling to break above their 200-day moving averages, with Bitcoin stuck below $82,000 and Dogecoin under $0.123. Despite Dogecoin's much smaller market cap, its price action closely mirrors Bitcoin's, highlighting st...
