Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Market data showed a slight decrease in Bitcoin dominance and a small increase in Ethereum's share, suggesting investors are diversifying into major altcoins. However, declines in stablecoin and derivatives trading volumes point to cautious trading with reduced leverage, signaling no strong directional trend yet. The market balance between dominance shifts and trading activity will influence if the current rotation leads to a broader trend.
U.S.-listed spot Bitcoin ETFs have attracted nearly $1 billion in investor inflows over seven consecutive trading days, signaling strong institutional demand. This week alone, about $500 million was invested, marking the best weekly inflow since earl...
The staking market saw mixed performance this week as Hyperliquid's staked market cap fell sharply by 12.59%, contrasting with stable gains in Ethereum (+0.77%) and Solana (+0.73%). Despite strong staking participation in networks like Bittensor and ...
Bitcoin fell about 0.7% to $65,500 amid rising crude oil prices hitting $88.60 per barrel and surging U.S. Treasury yields, which increased the appeal of bonds over cryptocurrencies. The broader crypto market also declined, influenced by inflation co...
Anthony Pompliano, a strong Bitcoin supporter, will host a podcast featuring Peter Schiff, a well-known Bitcoin critic, to debate whether Bitcoin is a bubble. Schiff has repeatedly called Bitcoin a bubble and promotes gold as a safer asset, though he...
Bitcoin's long-term holders, defined as those holding BTC for over 155 days, now control 79% of the circulating supply, reaching 16.64 million BTC, a record high according to CoinGlass. This indicates strong conviction among these investors, as only ...
