Gareth Soloway, chief market strategist at Verified.com, projects Bitcoin could rise to $80,000 in the short term if it holds support between $64,000 and $67,000, but warns of a bearish macro trend that could push it down to $50,000 or even $30,000 if markets fall sharply. Ethereum is maintaining a critical support level around $2,000, with potential gains to $2,700 if this holds, but a break below $2,000 could trigger a larger decline. XRP stands out with a bullish reversal pattern, targeting a near-term rise to $1.50-$1.55 and possibly higher to $1.73-$1.83, while a drop below $1.12 could lead to prices under $1. These predictions highlight key levels for investors to watch amid mixed short-term optimism and longer-term caution in crypto markets.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
