Bitcoin is trading near $76,000 but struggling to break through strong resistance between $78,000 and $79,000. This is due to ongoing outflows from spot Bitcoin ETFs for the third consecutive day and internal divisions within the Federal Reserve, which create uncertainty about future interest rate policies. Institutional demand is cooling, with significant ETF outflows and record short positions in Bitcoin derivatives, resulting in low volatility and muted market confidence. The market remains range-bound as investors await clearer signals on Fed policy and macroeconomic conditions.
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
Bitcoin's long-term holders, known as whales, have stopped their two-year selling streak, with activity from old wallets dropping by over 50% in 2026. This marks the end of the 'Great Distribution' period, where veteran investors sold large amounts o...
