Bitcoin has formed a rare bullish Relative Strength Index (RSI) divergence on its weekly chart, a signal that previously preceded a rally of over 700%. This divergence appears during Bitcoin's consolidation after a correction from highs above $120,000, suggesting selling pressure is easing. The pattern resembles Bitcoin's 2022 bear-market bottom, where a similar divergence led to a major rally. However, analysts caution that Bitcoin must reclaim key resistance levels, especially around $65,000, to confirm a sustained bullish trend. Despite macroeconomic challenges, Bitcoin remains resilient with institutional demand supporting its price near $64,260 as of now.
Ethereum has shown strength by rebounding from $1800 to trade around $1866, up 1.7% daily. A whale sold 72 BTC worth $4.66 million and opened a 20x long position in 12,000 ETH valued at $22.4 million, already profiting $275k. Market data shows increa...
Bitcoin surged 6% last week, reaching above $65,600, driven by a drop in US inflation to 3.5% and hopes that the Federal Reserve may delay interest rate hikes. Capital inflows into Bitcoin spot, futures, and ETFs increased, signaling renewed investor...
Bonk (BONK), a popular meme coin on the Solana network, surged 14% on Upbit, reaching about 0.00920 won with a 99 extreme greed sentiment score, indicating crowded speculative positioning. The token saw high trading volume of approximately 91.85 bill...
Crypto markets ended the week with modest gains after a softer-than-expected inflation report briefly lifted Bitcoin above $65,000 and Ethereum over $1,900. However, ongoing U.S. airstrikes against Iran and geopolitical tensions around the Strait of ...
Galaxy Digital CEO Mike Novogratz predicts Bitcoin will trade between $60,000 and $80,000 for the rest of 2026 but could rally to $100,000 if three conditions are met: clear U.S. crypto legislation, Federal Reserve interest rate cuts, and renewed ret...
