Bitcoin's price rally stalled between $80,000 and $82,000 as traders await the U.S. consumer price index (CPI) report for April, expected to show inflation rising to 3.7%. This inflation data is critical as it could influence market risk appetite amid geopolitical tensions and high oil prices. XRP and Solana are testing key resistance levels, with institutional demand increasing, especially for XRP via U.S.-listed spot ETFs. Market volatility is expected depending on the inflation report and ongoing geopolitical uncertainties.
Bitcoin is trading near a critical support level at $76,527, which is crucial for maintaining its short-term recovery wave structure. The price is currently stuck below stronger resistance around $79,000 and faces pressure from CME gap zones between ...
The US Senate is reviewing the Clarity Act, a major digital asset bill that bans interest on stablecoin balances and imposes penalties up to $5 million, while adding the Treasury as a regulator alongside the SEC and CFTC. Despite the bill's significa...
The U.S. Core Producer Price Index (PPI) surged 1% month-over-month, far above the expected 0.2%, signaling persistent inflation pressures across the economy. This unexpected inflation spike led investors to reduce risk exposure, causing Bitcoin to f...
Most major cryptocurrencies saw price declines, with Bitcoin trading near $79,547, down 1.54%, and Ethereum at about $2,261, down 2.02%. Other coins like Solana, Cardano, and Polkadot also dropped significantly, reflecting a broad market pullback. St...
BlackRock has reportedly sold $287 million worth of Bitcoin this week, coinciding with Bitcoin's price dropping below $80,000 after a recent rally. This move comes amid significant outflows from Bitcoin and other crypto ETFs, signaling waning institu...
