Bitcoin has dropped about 50% from its October 2025 peak of around $126,000, trading near $62,656 as of July 2026. However, Cryptoquant's 365-day PnL Index Signal continues to trend lower, which the firm interprets as the market still being in an accumulation phase rather than having peaked. This suggests the current Bitcoin cycle top might not have occurred yet, despite the significant price drop. While some analysts believe the peak was in October 2025, Cryptoquant's data implies the market could still be building toward a higher peak, though onchain signals are probabilistic and influenced by broader macroeconomic factors.
US Consumer Price Index (CPI) fell 0.4% in June, marking the biggest drop since 2020 and coming in below expectations with headline CPI at 4% and core CPI at 3%. This cooler inflation data increased the likelihood of a Federal Reserve interest rate c...
Bitcoin is maintaining its position above $61,000, signaling a short-term recovery after bouncing from recent lows around $58,115. However, there is a risk of a bull trap if Bitcoin moves into the $64,650-$65,550 range, which could trigger a reversal...
South Korean cryptocurrency exchange Upbit began trading the Derive (DRV) token on July 14, offering trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT). This listing enhances DRV's exposure in one of Asia's largest crypto markets a...
Bitcoin price stabilized around $62,500 after a weekend drop below $62,000, influenced by renewed U.S.-Iran tensions and rising oil prices. Technical resistance lies between $63,100 and $64,700, with analysts warning that a break below $62,000 could ...
Bitcoin is trading around $62,000 as investors await the U.S. June Consumer Price Index (CPI) report, which will influence Federal Reserve policy and market expectations. Previous CPI releases in 2026 have caused significant volatility in Bitcoin's p...
