Bitcoin recently broke a crucial technical support level around $75,000-$76,000, raising fears of a correction back to the $60,000 range. This drop is driven by several factors including outflows from US spot Bitcoin ETFs, renewed selling pressure, and a weakening macroeconomic environment marked by geopolitical tensions and declining tech stocks. Analysts are closely watching the $60,000 to $65,000 zone, which could either attract buyers or, if broken, lead to a deeper market correction. The situation signals a critical phase for Bitcoin where investor confidence is being tested amid broader market uncertainties.
Infinit (IN) surged nearly 10% on Upbit with a 500% spike in trading volume, reaching about 53.49 billion won in 24-hour turnover. This surge placed Infinit at the top of Upbit's investor sentiment rankings with an 'extreme greed' score of 97, signal...
Bitcoin's price recovered to about $75,360 after dipping below $75,000, driven by optimism over a potential 60-day ceasefire deal between the US and Iran. The ceasefire talks include easing sanctions and reopening the Strait of Hormuz, which could ea...
Bitcoin fell to $74,190, its lowest in over a month, following Kevin Warsh's appointment as Federal Reserve Chair. Despite Warsh's pro-crypto stance, his hawkish approach to inflation and potential rate hikes is pressuring risk assets like Bitcoin. W...
U.S.-based spot Bitcoin ETFs experienced significant outflows totaling $1.2 billion over five days, marking the third worst week on record for these funds. The largest single-day withdrawal was $647 million on May 18, followed by continued losses thr...
Bitcoin has fallen sharply from its all-time high of around $126,000 in October 2025 to about $75,800, a nearly 40% drop. Analysts warn the price could fall further to $60,000, marking a potential bear market and the lowest level since early 2026. Th...
