Bitcoin's price fell from a high of $79,473 to $75,568 due to short-term selling pressure near the $80,000 psychological barrier, but it maintained support above $75,000. This pullback reflects profit-taking by short-term holders who moved 53,000 BTC to exchanges, especially Binance, without involvement from long-term holders. Despite this, U.S. Bitcoin ETFs attracted $1.92 billion in inflows over five days, showing strong investor demand that offsets some spot market selling. Continued ETF inflows will be crucial to sustain Bitcoin's rally and potentially push prices back toward the $80,000 level.
Bitcoin's price is currently moving within a rising channel pattern that could push it back to $100,000 if bulls maintain control. The price is near the channel's bottom and must hold above it and break a small descending trendline to reach resistanc...
Bitway (BTW) led cryptocurrency gains with a 45.91% rise to $2.62 in 24 hours, while most of the top 89 cryptocurrencies declined. Pearl (PRL) also rose significantly by 17.99%, but major coins like Bitcoin and Ether saw slight drops, trading at $83,...
The cryptocurrency BTW surged 48.6% to $2.63 despite a 2.4% decline in the overall crypto market cap to $2.82 trillion. Bitcoin remained relatively stable at $83,502, down just 0.4%, while Ethereum dipped 0.9%. This selective rally in smaller altcoin...
Bitcoin is currently trading at $83,443, with Binance's perpetual market showing a significant imbalance: $42.08 million in sell orders versus $32.50 million in buy orders, creating a $9.58 million sell-side gap. Coinbase's spot market also has more ...
Gold trades near $4,160 an ounce as Middle East tensions and rising oil prices keep demand for safe havens in focus, though higher interest rates limit gains. Bitcoin recovered to around $83,650 after a selloff, supported by renewed ETF inflows, with...
