Bitcoin remains just under $62,000 after rebounding from recent lows, while Ethereum, XRP, and Dogecoin fell up to 2.5% due to concerns over the Iran conflict. Institutional interest in Ethereum is rising, highlighted by Fidelity's largest purchase in two months. Market data shows significant trader liquidations and outflows from Bitcoin and Ethereum ETFs, signaling cautious sentiment. Analysts see $64,000 as a key resistance for Bitcoin, with a potential breakout possibly driving prices toward $75,000 or higher, but confirmation of a broader recovery is still pending.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
