Bitcoin maintained its price above $63,000 following a 4% rally on Sunday, driven by Michael Saylor's hint at further purchases. The cryptocurrency is trading near its 200-week moving average, a critical level historically marking major market cycle turning points. Market stress is easing with reduced volatility and a dominance of speculative call options, but sentiment remains fragile, suggesting a full reversal may take months. Meanwhile, some altcoins like Audiera's BEAT and Siren's SIREN surged, and Zcash rebounded after a proposed fix for a security issue. The broader crypto market's recovery largely depends on Bitcoin's next moves.
Gold prices have dropped over 20% from their January peak, falling below the 200-day moving average for the first time since October 2023. This decline follows a strong US jobs report that increased expectations for a Federal Reserve rate hike, pushi...
Bitcoin has dropped 50% from nearly $120,000 to $60,000 due to a combination of the Iran-Israel war, the upcoming SpaceX IPO draining liquidity, and forced liquidations in derivatives markets. This selloff wiped out trillions in crypto value and trig...
Bitcoin recently fell below a key channel support, prompting mixed analyst views on its next move. Some charts suggest a short-term bounce between $67,000 and $77,000, but this may be a temporary correction before a larger decline toward $39,000 or e...
Since the US-Iran conflict began, tech stocks like the Nasdaq 100 have surged over 20%, while major cryptocurrencies such as Bitcoin and Ethereum have declined, with Ethereum dropping 13%. This divergence highlights that crypto is not acting as a saf...
Bitcoin recovered from a dip below $60,000 to reach a local high of $64,000, driven by increased trading volume and active market participation. A notable Bitcoin whale bought 1,656 BTC near $59,734 and sold two days later on Binance, securing about ...
