Bitcoin (BTC) recovered to around $59,800 after dipping to $58,206, bouncing back amid a sharp drop in Asian stocks, including an 8% fall in South Korea's Kospi and a 3% decline in Japan's Nikkei. Despite this rebound, Bitcoin's price is still down over 5% for the week and nearly 20% for the month. Experts note that the $50,000-$60,000 range has historically been a strong support zone for Bitcoin, attracting buyers during market dips. The Asian stock sell-off follows risk aversion on Wall Street, triggered by price hikes announced by major tech companies like Apple due to rising costs.
Solana (SOL) outperformed many major cryptocurrencies during a recent market downturn that saw Bitcoin fall below $60,000, trading around $66.26 with only a 5% weekly decline. This resilience is attributed to growing institutional products, fee reduc...
XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are currently experiencing bearish trends with sellers dominating the market. XRP remains below key support levels near $1.00, showing no strong signs of sustained buying despite high volume d...
XRP is struggling to hold above the $1 mark as the broader crypto market faces heavy selling pressure, with total market capitalization falling below $2 trillion. Technical analysis points to $0.91 as a critical support level, lower than the widely w...
The crypto derivatives market experienced $1.42 billion in liquidations within 24 hours, with Ethereum accounting for $349.17 million, mostly from long positions. Ethereum tested the $1,550 level amid a bearish trend and declining adoption signals, i...
Strategy Inc.'s perpetual preferred stock, STRC, has seen its 90-day correlation with Bitcoin rise to nearly 0.70, the highest since its July 2025 launch. This increased correlation means STRC now moves more closely with Bitcoin's price, which has dr...
