Bitcoin price fell below the $77,000 support level, breaking out of a descending channel and bear flag pattern. Despite being heavily oversold and showing signs of a possible short-term rebound, Bitcoin faces strong resistance around $80,600, including the 200-day moving average and previous flag tops. Weekly indicators suggest momentum may fade soon, raising the risk of a significant drop that could retest bear market lows. Investors should watch for a potential bounce or a deeper decline in the coming days.
A major Zcash investor holding a $19.68 million 10x leveraged long position is close to full liquidation as ZEC price nears $494.55, just 6% below current levels. This high-stakes position tests the narrative of Zcash as "the next Bitcoin," supported...
More than $545 million in leveraged crypto positions were liquidated within 24 hours, mainly affecting long positions in Bitcoin and Ethereum. This large-scale deleveraging reflects traders' bullish bets unraveling amid modest price declines, with Bi...
Prediction market data from Polymarket shows traders assign only a 1% chance for Bitcoin to reach $150,000 by June 2026, and a 7% chance by the end of 2026. Despite renewed interest in cryptocurrencies and expectations of lower US interest rates, tra...
XRP's market capitalization fell by about $9.73 billion in four days, dropping from $95.39 billion to $85.66 billion as bearish trends hit the crypto market. XRP's price declined to $1.38, influenced by its strong correlation with Bitcoin, which stru...
The latest market data shows most major cryptocurrencies are experiencing declines. Bitcoin is trading near $76,938, down about 1.5%, while Ethereum has fallen over 3% to around $2,117. Other significant drops include Bitcoin Cash, which is down over...
