Bitcoin remains near $80,000 supported by positive regulatory momentum from the Clarity Act, which has increased institutional interest. Bitcoin ETFs saw $131.3 million in net inflows, while Ethereum ETFs experienced $5.7 million in outflows. Analysts note Bitcoin's momentum may weaken after resistance near its 200-day EMA, with potential for a pullback in May unless bulls regain strength. Ethereum is seen as a strong buy near $1,071, Solana consolidates above key support, XRP posts its highest close since March, and Dogecoin may target a breakout above its previous all-time high.
Bitcoin price remains steady above the $80,000 support level, buoyed by $131 million in net inflows into U.S. spot Bitcoin ETFs and positive momentum from advancing U.S. crypto regulation via the CLARITY Act. Technical indicators show Bitcoin nearing...
Bitcoin price has faced resistance above $82,000 but is expected to surge to $90,000 soon, supported by a rebound from its 21-day moving average. However, risks of a correction exist due to profit-taking by short-term holders and increased short bets...
Bitcoin surged about $2,000 following the Senate Banking Committee's passage of the Clarity Act, briefly testing $82,000. However, the price quickly fell back below key resistance levels, including the 200-day moving average, signaling waning momentu...
Ethereum continues to underperform Bitcoin in the recent cryptocurrency market recovery, with JPMorgan analysts pointing to insufficient network demand and limited DeFi expansion as key factors. Despite planned upgrades aimed at improving scalability...
Bitcoin gained nearly 1% to $80,573 while Ethereum slipped 0.56% to $2,254, highlighting a market preference for Bitcoin's liquidity amid uncertainty. Crypto derivatives volume surged past $1 trillion, indicating increased leverage and potential for ...
