Bitcoin's price remains stuck in a tight range between $76,100 and $78,000, showing little volatility or clear direction. This stagnation has shifted trader interest toward more speculative altcoins, especially those connected to artificial intelligence like NEAR and FET, which saw significant gains. The HYPE token also surged about 60% due to short position liquidations and rising institutional demand linked to new US spot ETFs. While Bitcoin and Ethereum remain cautious and stable, this rotation highlights growing interest in altcoins, though market fragility and selective momentum suggest investors should remain cautious. A breakout by Bitcoin could change the overall crypto market dynamics.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
