Bitcoin has broken down from its bear flag pattern and is currently testing the $70,000 support level, with the next key support at $66,000. If these levels fail, the price could fall further to around $60,000, marking a deeper bottom in the ongoing bear market. Technical indicators like the RSI suggest a possible short-term bounce, but overall bearish momentum remains strong. Market sentiment is weakening, highlighted by a large Bitcoin ETF outflow, indicating potential continued price declines unless bulls can reclaim key resistance levels above $73,660.
Crypto markets showed mixed results with Layer 2 tokens leading gains, rising 6.62%, including Starknet up 111.53%. Bitcoin climbed 1.43% above $83,000, while Ether edged up 0.14% over $2,500. DePIN assets advanced 6.24%, led by Grass with a 49.41% j...
Bitcoin has been trading in a narrow range around $82,000 to $83,000, disappointing many investors expecting a strong October rally known as "Uptober." This contrasts sharply with October 2025, when Bitcoin hit an all-time high above $126,000 before ...
Starknet's STRK token experienced a remarkable 322% increase over four weeks, significantly outperforming Bitcoin and Ether during the same period. Starknet is a zero-knowledge Layer 2 network built on Ethereum, designed to enhance scalability. This ...
MAGIC token rose sharply by 38.96% to $0.1359, outperforming other layer-2 scaling and modular blockchain assets during a mostly flat crypto market. Other notable gainers included S (27.81%), W (24.26%), LUMIA (21.44%), PLUME (21.21%), and STRK (20.5...
South Korea's crypto market showed renewed risk appetite with 66% of major tokens rising and 24-hour turnover hitting 1.7 trillion won on Upbit and Bithumb. Bitcoin traded slightly higher at 113.35 million won, while Ethereum also gained. Notable tok...
