Bitcoin has recovered above $64,000 after dipping below $60,000, but faces pressure from Middle East tensions and the Federal Reserve's steady interest rates at 3.50%-3.75%. Inflation concerns and geopolitical risks weigh on sentiment, yet signs like reduced institutional selling and new accumulation around $60k-$63k suggest Bitcoin may be nearing a bottom. Resistance remains strong near $77k and $84k-$85k cost-basis clusters, indicating cautious investor sentiment. The market is pressured but not broken, with regulatory developments like the CLARITY Act still pending and potentially impactful.
Standard Chartered analyst Geoffrey Kendrick says recent selling pressure on Bitcoin and Strategy Inc. (MSTR) shares stems from market confusion over the company's shift from accumulating Bitcoin to using it as collateral for credit products like STR...
Nine AI models forecast Bitcoin's price for August 1, 2026, with eight clustering between $63,420 and $67,940, indicating a likely period of price consolidation rather than sharp moves. These models used various mathematical approaches considering re...
The crypto market cap rose about 1.2% to $2.28 trillion, with Bitcoin holding steady above $64,000 and most top coins posting modest gains. Improved sentiment follows Bitcoin's tough June, aided by renewed ETF inflows and easing fear in the market. A...
Patrick Shyu, a former engineer at Meta and Google, warns that Bitcoin is threatened by two major issues: the decline of miner incentives as new coin rewards diminish and the potential future risk from quantum computing breaking Bitcoin's cryptograph...
Bitcoin has reached its most oversold level against gold on record, indicating it is trading at a deep discount relative to the precious metal. Historically, this signal has preceded major Bitcoin rallies, including a 660% macro rally after the last ...
