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.
Bitcoin fell under $69,000 following comments from Cleveland Fed President Beth Hammack, who expressed concern about persistent inflation risks that may require the Federal Reserve to raise interest rates soon. Hammack highlighted that inflation rema...
Bitcoin and several major cryptocurrencies experienced price declines, with Bitcoin dropping about 3.97% to $68,770. Other notable coins like Ethereum, Binance Coin, and XRP also saw decreases. Some smaller tokens showed gains, but overall market sen...
Standard Chartered's digital asset research head, Geoffrey Kendrick, suggests ether (ETH) could outperform bitcoin (BTC) by over 40% by the end of 2026. This outlook follows Strategy's recent bitcoin sale, which may signal a broader shift in crypto m...
Tom Lee defended the long-term value of Bitcoin and Ethereum, stating their core thesis is not broken despite recent underperformance compared to AI and software stocks. He highlighted the growing importance of crypto infrastructure in areas like aut...
Cryptocurrency markets show a general downward trend with major coins like Bitcoin dropping 4.09% to $69,184 and Ethereum falling 0.33% to $1,976.82. Other notable declines include XRP, BNB, and ADA, reflecting cautious investor sentiment. Some coins...
