Bitcoin dropped sharply from around $71,000 to nearly $68,000 after breaking a key support level due to geopolitical tensions involving the U.S. and Iran, which triggered heavy liquidations in futures trading. Ethereum and XRP also declined, failing to hold previous support levels and now facing resistance at lower price ranges. While there may be a short-term bounce or sideways movement, the overall market trend remains weak as investors await stability in global risk sentiment. The next major support for Bitcoin is around $65,500–$66,000, with resistance between $72,000 and $76,000, and similar patterns hold for Ethereum and XRP.
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
Bitcoin's long-term holders, known as whales, have stopped their two-year selling streak, with activity from old wallets dropping by over 50% in 2026. This marks the end of the 'Great Distribution' period, where veteran investors sold large amounts o...
