Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving average support, with a potential bullish "golden cross" forming, which could signal a market uptrend. However, cautious investor flows and significant Bitcoin ETF outflows suggest uncertainty ahead, while Ethereum struggles near a critical resistance level. The SEC's approval of Bitcoin options trading marks progress toward institutional crypto adoption.
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
Last week, digital asset investment products experienced $1.47 billion in outflows, marking the third-largest weekly outflow of 2026 and signaling a negative trend for May. The United States led with $1.425 billion in withdrawals, while other countri...
Bitcoin traded at $75,856 after a slight 1.01% decline, with on-chain data showing cautious whale wallet behavior and balanced exchange flows, indicating no strong buying or selling pressure. Miner activity remains steady, and the price pullback sugg...
Bitcoin dropped nearly 2% below $77,000 following escalated US military actions against Iran, disrupting a near-peace deal and increasing geopolitical risks. Institutional investors withdrew $105 million from US spot Bitcoin ETFs, marking a sixth con...
Cathie Wood, CEO of ARK Invest, has increased her Bitcoin price forecast to $1.25 million within five years, with a conservative estimate of $750,000. This bullish outlook is driven primarily by growing institutional adoption from pension funds, weal...
