On June 19, Bitcoin traded between $62,300 and $63,300, closing up 1% just above $63,000 despite volatile intraday swings. The market saw $42.2 million in liquidations as geopolitical tensions in the Middle East affected energy prices, pushing Brent crude above $80 a barrel. Analysts note that crypto volatility is increasingly influenced by Federal Reserve policy and dollar liquidity rather than geopolitical events. Bitcoin remains down 1.3% over the past week and nearly 20% over the last month, with market focus shifting to inflation, employment data, and central bank decisions for future volatility cues.
Bitcoin has dropped 19% in the past month due to worsening macroeconomic conditions and hawkish comments from the new Federal Reserve Chair suggesting possible rate hikes. The price recently broke its trend line support and is expected to retest the ...
Money Simpler has introduced an AI-powered quantitative trading platform that allows investors to earn additional returns from holding cryptocurrencies like Bitcoin (BTC) and XRP beyond just price appreciation. The system offers automated trading str...
Crypto markets experienced $298 million in leveraged liquidations, primarily in Bitcoin and Ethereum, alongside $90 million in outflows from U.S. spot Bitcoin ETFs. This reflects a broader trend of risk reduction and deleveraging across major cryptoc...
Macro strategist Michael Gayed dismissed the idea that Shiba Inu (SHIB) could ever hit $1, explaining that its market capitalization would need to surpass the entire global dollar supply to reach that price. Gayed's blunt response highlights the unre...
Franklin Templeton has filed with the SEC to launch two new ETFs that allocate 95% to U.S. equities and 5% to bitcoin, using corporate dividends to buy bitcoin exposure. This innovative structure aims to create a steady, automatic demand for bitcoin ...
