Bitcoin climbed back above $64,000 after a dip below $63,000, yet the broader crypto market remains mixed with XRP and BNB falling and Bitcoin dominance rising to 58.8%. Spot Bitcoin ETFs experienced significant outflows last week, signaling reduced demand, while Korea's largest exchange reported a sharp revenue drop, indicating weaker retail interest. Additionally, the US crypto regulatory bill, the CLARITY Act, faces delays, lowering investor confidence. Key resistance for Bitcoin remains between $65,000 and $65,600, with support at $63,000; a decisive break above resistance could signal a bullish trend, but current market conditions suggest cautious trading ahead.
Bitcoin traded at $82,762.43 on Binance, approaching but still below the $82,951.49 hourly breakout confirmation level. The cryptocurrency showed strength by trading above its 20-, 50-, and 200-day moving averages, though daily indicators like the MA...
Arbitrum surged 9.53% to $0.199, leading gains in the crypto market where 67 of the 90 largest cryptocurrencies, excluding stablecoins, rose within 24 hours as of Oct. 19. Other notable gainers include Venice Token up 7.42%, Ether.fi up 6.18%, and Pe...
Bitcoin's price fell below the $83,000 mark on October 19, trading at $82,761 on Binance at 07:53 UTC. This represents a slight decrease from $83,012 recorded 15 minutes earlier and marks a 0.02% drop compared to one hour prior. The movement shows a ...
ARB surged 8.9% to $0.1980, leading altcoin gains while Bitcoin held steady around $82,664 with a 1.3% daily gain and 60.1% market dominance. This selective strength in ARB suggests traders are still willing to take risks on higher-beta altcoins desp...
Crypto analyst Michaël van de Poppe suggests Bitcoin might reach $1 million this cycle by following a pattern similar to the late-1990s dot-com boom, which saw rapid growth followed by a sharp correction. Bitcoin currently trades around $81,000, abou...
