Bitcoin fell about 3.75% this week, marking its third consecutive weekly loss as it failed to break above the $77,300–$78,000 resistance zone. Ongoing US-Iran negotiations remain unresolved, keeping market risk elevated, especially around the strategic Strait of Hormuz, despite falling oil prices and record highs in the US stock market. Institutional interest in Bitcoin remains weak, with continued outflows from spot Bitcoin ETFs. Traders are cautious ahead of the upcoming US jobs report, which could influence Federal Reserve rate hike expectations and impact Bitcoin's fragile recovery, currently targeting a bounce toward $75,000.
Robert Kiyosaki cautions investors that buying bitcoin, gold, or silver based on hype can lead to losses, emphasizing the need for disciplined investing and tracking cash flows. He challenges the notion that U.S. bonds are always safe, noting major h...
Ethereum's network-wide 8-hour average funding rate stands at 0.0035%, indicating a slight preference for long positions in perpetual futures markets. This positive but modest rate suggests mild bullish sentiment, though it also highlights the risk o...
Bitcoin has dropped over 16% this quarter but remains up 7%, contrasting with a 56% drop in Q2 2022. Analysts note that many underwater holdings come from investors in U.S. Spot Bitcoin ETFs at high cost bases, and long-term holders are accumulating ...
Bitcoin is approaching the key $70,000 price level, where nearly $500 million in buy orders are clustered just below the current price, signaling strong buyer interest. This liquidity concentration is critical as over $2 billion in long positions cou...
The cryptocurrency market is consolidating within a tight range after a volatile period marked by institutional de-risking and geopolitical shifts. Major assets like Bitcoin, Ethereum, and BNB show stability, though Bitcoin faces resistance near $77,...
