Bitcoin has fallen about 25% in the past month, currently trading around $62,000 and sitting on its 200-week moving average, a key support level last broken during major crypto collapses in 2022. ETF outflows have been heavy, though a small inflow was noted recently, indicating some buying interest. Experts warn that if Bitcoin breaks below $60,000, it could trigger mechanical selling from derivatives markets, accelerating declines due to forced liquidations and hedging activities. This level is crucial as many institutional investors bought between $60,000 and $67,000 and may rush to sell if prices fall below their cost basis, especially with competition from rising AI sector equities.
Zcash (ZEC) experienced a sharp 44% drop in 24 hours, falling to around $298. The crash was driven primarily by spot market selling rather than a leverage-induced cascade, as forced liquidations totaled about $118 million, relatively small for such a...
Bitcoin has fallen below the $80,000 region and is now testing a critical support zone around $60,000. Analysts note that Bitcoin rejected major moving averages near $80,500, confirming a bearish trend with increased selling volume. If Bitcoin fails ...
After predicting XRP's 700% surge, analyst DonAlt highlights a harsh crypto market repricing in June 2026, wiping out May's gains. The total crypto market cap fell over 15%, with XRP and Bitcoin dropping nearly 17% and 18%, respectively. DonAlt criti...
Bitcoin sentiment recently hit peak bullishness near its $78,000 high on May 22 and peak bearishness near its low on June 3, with price dropping about 20% to around $62,400. This inverse sentiment pattern suggests traders are most confident at highs ...
Bitcoin recently tested major support levels around $61K, including the bull market trendline and 200-week SMA, and is now stabilizing above them. The price currently holds near $62,800, having passed a descending trendline from the recent crash, sug...
