Bitcoin has shown little movement, trading near $77,200 despite positive regulatory news, as global markets focus on geopolitical issues like the Strait of Hormuz disruption affecting commodity prices and inflation fears. Oil prices stay high around $100, and copper demand rises due to sulfur supply concerns. U.S. stocks hover near record highs driven by AI optimism, while bitcoin ETFs see significant outflows. Some crypto sectors, like Near Protocol, are gaining due to upgrades and specific narratives, but overall crypto remains overshadowed by macroeconomic and geopolitical factors.
On May 22, 2010, Laszlo Hanyecz made the first commercial Bitcoin transaction by buying two pizzas for 10,000 BTC, worth about $40 then. Today, that Bitcoin is valued at over $771 million, highlighting Bitcoin's massive growth and acceptance as real ...
Bitcoin is currently trading near $77,725, testing a critical recovery zone after falling below the 3-day 200 SMA, a level historically linked to deeper declines. Bulls are defending the 50 SMA at around $76,635, which if held, could support a short-...
Bitcoin's open interest (OI) on Binance increased by 40% over 82 days, rising from $6.4 billion to $8.9 billion, indicating renewed trader interest after a period of deleveraging. This rise pushed OI above its 180-day moving average, suggesting the e...
XRP attracted significant ETF inflows totaling about $42 million over the past week, even as Bitcoin and Ether ETFs experienced heavy outflows and price pressure. XRP traded near $1.37 amid increased wallet creation, suggesting growing investor inter...
Trump Media & Technology Group transferred 2,650 Bitcoin valued at about $205 million to Crypto.com, raising questions about its crypto treasury strategy as Bitcoin prices remain below their purchase cost. The company originally bought 11,542 BTC at ...
