Bitcoin dropped to $61,391 following a large selloff by Strategy but quickly rebounded to around $64,529. The recovery is supported by bullish activity in options trading and inflows into spot Bitcoin ETFs, which added $56.3 million on July 6. Traders are optimistic ahead of the Federal Reserve's minutes release on July 8, which could influence Bitcoin's price further. Strategy's selloff was to fund dividends, but the company's large Bitcoin holdings remain intact, and market focus now shifts to Fed signals and ETF inflows for future price direction.
Bitcoin whales have increased their accumulation to the highest level seen in five months, according to onchain data from CryptoQuant. This surge indicates a significant divergence in behavior among large holders, which could impact market dynamics. ...
Bitcoin remained stable around $65,000 even as AI-related tech stocks, including Nvidia, fell sharply. Analysts say the upcoming Federal Reserve decision and key economic data will be critical in determining whether Bitcoin breaks above $67,300 to st...
Bitcoin is approaching a significant breakout point according to analyst Josh Olszewicz, driven by growing bullish momentum. The current price consolidation aligns with two technical patterns that suggest a strong upward move may be imminent. This br...
Crude oil prices fell sharply by nearly 11% following a pause in US-Iran military strikes and resumed diplomatic talks, easing inflation concerns. This drop reduces pressure on the Federal Reserve to hike interest rates, leading to a weaker dollar an...
Macro investor Jordi Visser says the phase of easy, large returns from AI stocks is ending, signaling a shift in investment opportunities. While AI remains important, future gains will depend on companies with strong infrastructure and competitive ad...
