Bitcoin's Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) dropped to 0.615 on June 30, the lowest since July 2023, indicating many long-term holders are selling at a loss. This coincides with Bitcoin's price falling 2.7% in 24 hours to $58,649.87 and a 6.5% weekly decline, suggesting capitulation and a potential market bottom. Historically, such low SOPR levels have marked market lows, so investors are watching for signs of stabilization or further capitulation. Future price movements will also depend on macroeconomic factors and whether Bitcoin can hold above key support levels around $52,000.
Bitcoin fell about 22% in Q1 and 14% in Q2 of 2026, marking only the third time it has started a year with two consecutive losing quarters, previously seen in 2018 and 2022—both bear market years. Unlike typical seasonal trends where Q4 is strong, th...
The Bitcoin Rainbow Chart places BTC in its cheapest 'Basically a Fire Sale' band, with a reference price of $63,349 for July 2026, while the current price is around $58,581, indicating a rare discount relative to its long-term growth trend. This und...
Bitcoin's daily RSI indicates a bullish divergence, suggesting a potential rally toward the 20-day EMA near $62,000. A daily close above this level could lead to further gains toward $66,340 and $70,000. However, the broader bearish pattern remains i...
Donald Trump disclosed earning over $1 billion from cryptocurrency ventures, mainly through World Liberty Financial and the $TRUMP memecoin. This highlights crypto's growing role in his business, surpassing real estate. The news has positively influe...
In June 2026, XRP-linked ETFs and Hyperliquid's HYPE funds saw significant net inflows of $59.4 million and $161 million respectively, standing out amid record outflows from bitcoin and ether ETFs which lost over $4 billion and $528.99 million. This ...
