Crypto trader DonAlt, known for predicting XRP's 700% rally, says Bitcoin is at a key turning point with $61,000 as the critical support level. A monthly close above $61,000 would confirm a bullish trend and potential new uptrend, while a close below could lead to a drop toward $45,000. This level also impacts XRP and altcoins, as Bitcoin's stability often triggers altcoin rallies. The upcoming Federal Reserve meeting could influence Bitcoin's direction, making defense of $61,000 vital to avoid deeper correction in August.
South Korea's Kospi index, boosted by the AI boom, has dropped nearly 25% in four weeks, with its implied volatility doubling Bitcoin's. This surge in volatility reflects heavy losses among Korean retail traders using leverage, signaling increased ri...
Cryptocurrency markets show a general decline with Bitcoin falling 1.73% to $63,044 and Ethereum dropping 2.63% to $1,833.83. Other major coins like Binance Coin and XRP also saw decreases, reflecting a cautious market sentiment. Stablecoins remain s...
Bitcoin fell from mid-$65,000s to low-$63,000s as geopolitical tensions between the U.S. and Iran escalated, triggering a risk-off sentiment in markets. Over $180 million in Bitcoin futures liquidations occurred, mainly hitting long positions near th...
On July 17, $1.2 billion worth of Bitcoin options and $230 million worth of Ethereum options expired, reflecting cautious trading with no clear market direction. Bitcoin remains rangebound between $60,000 and $65,000, while Ethereum shows bearish hed...
Bitcoin fell 1.2% below $63,000 and ether dropped 1.74% as a broad risk-off sentiment hit markets, driven by a selloff in semiconductor stocks and renewed tensions in the Middle East. This caused a rotation into safer assets like gold, which rose abo...
