Bitcoin remained steady just below $65,000 while the broader crypto market showed gains even as Brent crude oil surged to $97.66, its highest since May, driven by ongoing Iran conflict concerns. This resilience contrasts with past oil price spikes that typically pressured risk assets, signaling cautious optimism among crypto investors. Ether and select altcoins like HYPE and AI-related tokens also posted gains, though some tokens showed weakness. Market activity saw increased volume but stable open interest, with bearish sentiment rising in Dogecoin futures. Overall, crypto markets are holding firm despite geopolitical and macroeconomic pressures, suggesting a potential stabilization phase ahead.
Bitcoin options on Deribit show a $5 billion open interest concentrated at the $70,000 and $72,000 call strikes, reflecting strong bullish sentiment. Calls outnumber puts by a large margin, driven by large bull call spreads and outright call purchase...
Bitcoin price dropped to around $65,000 following $225 million in net outflows from U.S. spot ETFs and a $1.2 billion options expiry setting a key support level at $64,500. The price remains above a rising trendline but faces resistance near $66,800,...
Bitcoin is maintaining a bullish pattern with higher lows and is currently testing the key resistance zone between $65,500 and $67,000. A confirmed breakout above $67,000 could lead to a rally toward $70,000 and possibly $72,000, signaling stronger b...
Bitcoin is currently trading around $65,276 with a 24-hour volume drop of 15%, indicating weakening buyer conviction. The price is consolidating near a key Fibonacci retracement level, pausing its downtrend but not reversing it. The next critical sup...
The crypto market ended the week higher, with Bitcoin up 4.16% and total crypto capitalization reaching $2.22 trillion. This growth occurred despite a slight decline in U.S. equities, as investors watched the progress of the U.S. CLARITY Act, which a...
