Bitcoin's Relative Strength Index (RSI) has dropped to its most oversold level since 2020, a signal that historically preceded significant price rebounds of 50% in 2020 and 30% in February 2026. Traders are closely watching this momentum indicator as it suggests a potential recovery toward the $70,000 mark, a key psychological and technical level. However, this is not guaranteed, as market conditions, macroeconomic factors, and regulatory developments could impact the outcome. Investors remain cautious, using the RSI alongside other data points to confirm any sustained upward move before committing.
Bitcoin has dropped below its value on the day of the 2024 US election, trading around $60,619, which is 12.6% lower than its election price and nearly 52% below its all-time high. This decline follows a surge fueled by massive ETF inflows that peake...
XRP's price has dropped below $1.10, marking its lowest level since 2024, with an 18% decline over the past week. Technical analysis suggests further downside risk toward $0.84, while some see potential support around $0.95. Despite recent approvals ...
Bitcoin and Ethereum posted small gains while many altcoins showed mixed performance, reflecting a market favoring large-cap cryptocurrencies amid declining activity in DeFi, stablecoins, and derivatives. Total crypto market capitalization remained a...
Large crypto investors are heavily buying Bitcoin and Ethereum, with net buy weights of 81% and 79% respectively, signaling a preference for liquid, well-known assets during volatile times. Meanwhile, several smaller altcoins show extreme oversold si...
Investors are exiting risk assets in the crypto market, with stablecoins gaining demand over altcoins and Ethereum. The stablecoin market cap has shrunk by over $7 billion in 21 days, while $400 billion has left the crypto market overall. Notably, Te...
