Bitcoin has surged over 13% in July, nearing $66k and on track for its best monthly gain since 2022. Prediction markets see a 33% chance of it closing above $70k, but resistance near $69k, where recent buyers hold their cost basis, could trigger profit-taking. Strong ETF inflows and whale accumulation are currently absorbing selling pressure, supporting the rally. However, rising oil prices and higher Treasury yields are increasing macroeconomic risks, potentially challenging Bitcoin's upward momentum in the near term.
Bitcoin's price surged to $67,000 before quickly dropping below $66,000, driven by market optimism around the U.S. CLARITY Act, which aims to clarify crypto regulations between the SEC and CFTC. This price movement highlights Bitcoin's sensitivity to...
Bitcoin fell below $66,000 after briefly rising near $67,000, reflecting a broader market correction as investors await Alphabet's earnings. The recent rally was driven by optimism around the Clarity Act, which could clarify crypto regulations, and p...
Bitcoin fell below $66,000 after reaching a one-month high, triggered by rising oil prices above $85 amid escalating Iran conflict, which reignited inflation concerns. This led investors to move capital from altcoins and stablecoins into bitcoin and ...
Bitcoin price recently broke out of a descending channel and surpassed the key $66,000 resistance level, reaching a local high near $67,900. It is now retesting the $65,600-$66,000 area to confirm if this level will hold as support. If the support ho...
Kalshi prediction markets suggest Bitcoin could rise to $69,000 this month, up from its current mid-$60,000 price. This forecast reflects a mix of optimism and caution in 2026's volatile market environment. Key factors influencing Bitcoin's price inc...
