Bitcoin traded in a narrow range around $78,000 on May 17, holding key support after a recent pullback from $82,800. Technical indicators show mixed signals with cautious sentiment and weakening bearish momentum. Traders are watching for a breakout above $79,000 to confirm bullish momentum, while a drop below $77,400 could lead to deeper declines toward $74,000-$75,000. Overall, Bitcoin remains in a broader bullish trend but short-term momentum is cautious as the market consolidates.
Cardano founder Charles Hoskinson argues Zcash surpasses Bitcoin ideologically by preserving transaction anonymity with zk-SNARKs, unlike Bitcoin's transparent blockchain. Meanwhile, U.S. spot XRP ETFs saw a 16% increase in inflows in May, reaching a...
Bitcoin remained near $78,400 as traders reacted to Iran's counterconditions to a US peace deal proposal and ongoing Middle East conflict risks. Iran demands lifting US sanctions, release of frozen funds, compensation for war damages, and control ove...
Bitcoin has reached 760 days since its April 2024 halving, a historical signal linked to major market downturns and bear markets after previous halving cycles in 2012, 2016, and 2020. This pattern suggests Bitcoin may be entering a correction phase b...
Bitcoin fell nearly 5% last week after failing to sustain gains near $84,000, diverging from the S&P 500's record highs. Investors are focused on Wednesday's Federal Reserve minutes for clues on inflation and interest rate policies, which could tight...
The cryptocurrency market dropped nearly $90 billion in value due to rising inflation data and reduced expectations for Federal Reserve interest rate cuts in 2026. Bitcoin fell below $79,000, briefly hitting $77,678, while Ethereum and XRP also decli...
