Bitcoin surged above $63,000, reaching a two-week high, while XRP led major cryptocurrencies with a 10% weekly gain, becoming the fifth-largest by market cap. The rally is supported by easing inflation concerns and a weaker U.S. jobs report, which boosted expectations for accommodative monetary policy. Despite light trading due to the U.S. Independence Day holiday, the crypto market showed broad strength, with Ethereum and Solana also posting significant gains. Investors now await upcoming U.S. inflation data and the return of full market activity to gauge if the rally can continue.
Bitcoin and Ethereum prices increased by 1.80% and 2.71% respectively, signaling investor preference for large-cap cryptocurrencies despite mixed performance among altcoins. Bitcoin dominance rose to 57.92% and Ethereum's to 9.87%, indicating capital...
Bitcoin challenged the $63K level but failed to surpass it, bouncing from $58.5K earlier in July. Over $143 million in short liquidations indicate many traders were caught off-guard, suggesting a possible bullish reversal rather than just a short squ...
John Bollinger, creator of the Bollinger Bands, predicts a trend reversal for Bitcoin after a recent price rebound from $60,000 support forming a bullish 'W' pattern. Bitcoin ETFs ended a 10-day outflow streak with $224 million inflows, though overal...
Bitcoin's profit and loss ratio has dropped to its lowest point in 43 months, indicating more holders are currently at a loss than since 2023. This metric reflects market stress and has led to divided investor sentiment: some experts like Bitwise's M...
Bitcoin surged above $63,000 for the first time in two weeks, reversing losses from late June as crypto markets rebounded. XRP rose over 5% in a day and nearly 10% over the week, surpassing USDC to become the fifth-largest cryptocurrency by market va...
