Bitcoin's realized profits surged to $207.56 million, the highest in five months, as its price briefly surpassed $80,000. This spike reflects active profit-taking alongside continued buying, indicating strong demand and potential for further price gains. Technical signals, including a bullish MACD crossover, support the outlook for Bitcoin to challenge key resistance levels near $83,000 and possibly aim for $100,000. Despite profit-taking, Bitcoin's momentum remains robust, suggesting the rally may extend.
Crypto markets saw $26.3 million in liquidations over 24 hours, dominated by $18 million in short position liquidations as Bitcoin and Ethereum prices rose modestly. This indicates a short squeeze, where bearish traders are forced to close positions ...
Shiba Inu (SHIB) jumped nearly 40% in two days, re-entering the top 25 cryptocurrencies mainly due to a whale-driven liquidity squeeze, with 802 wallets controlling 94.7% of supply. The rally faces resistance near $3.5 billion market cap and the 200-...
Bitcoin and Ether prices rose this week, supported by strong trading volumes and positive momentum from the potential passage of the US CLARITY Act. The Act, which aims to clarify crypto regulations, is gaining traction in the Senate but still faces ...
Bitcoin remained above $66,000 as U.S. Senate Republicans introduced an updated CLARITY Act draft restricting crypto sponsorship by senior officials until 2029. While Bitcoin and Ethereum ETFs saw net inflows, some meme coins like Shiba Inu and BONK ...
After weeks of continuous inflows, Ethereum and Bitcoin spot ETFs in the U.S. experienced net outflows on July 25, signaling a pause in recent momentum despite positive trends in July overall. Ethereum ETFs saw a $70.62 million outflow, while Bitcoin...
