Bitcoin has been declared "dead" 472 times since 2011 across various market cycles, yet it has grown over 70 million percent in value. Despite recent weak sentiment and price corrections, Bitcoin remains resilient. Currently, traders are showing increased activity in smaller altcoins outside the top five, signaling early positioning ahead of a potential altcoin season. Bitcoin itself is experiencing low buying pressure and a slow market pace, but interest in altcoins suggests diversification during periods of uncertainty.
Ethereum dropped below $2,000 following US airstrikes on Iran, causing a $1 billion forced liquidation in crypto markets and a sharp price decline. Market sentiment turned bearish with a 63% chance ETH could fall to $1,500, while ETFs saw $500 millio...
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
Fund manager Michael Kramer warns that upcoming U.S. Treasury operations from May 28 to June 5 could drain about $150 billion in liquidity from the financial system. This liquidity drain may deepen Bitcoin's ongoing selloff, which has already seen an...
Bitcoin's price fell below $73,000 following US airstrikes on Iran, causing nearly $1 billion in cryptocurrency liquidations. This geopolitical event has increased market volatility and lowered short-term confidence in Bitcoin staying above $70,000 b...
BlackRock's ETF sold $527.8 million worth of Bitcoin, signaling a negative market reaction and reducing confidence in Bitcoin prices exceeding $74,000 by May 28. This large sale by a major institutional player suggests a potential downward pressure o...
