Bitcoin's price dropped to around $75,000 as market sentiment shifted from neutral to fear, causing traders to reduce risk. In the past 24 hours, nearly 180,000 traders were liquidated, losing over $674 million. Despite this, spot Bitcoin ETFs saw net inflows of $440.7 million, indicating some investor interest. Analysts warn that Bitcoin is at a critical support level near $75,900; holding this level is key to maintaining market structure, while a break below could lead to further declines. The cryptocurrency faces selling pressure and weakening momentum after failing to surpass resistance near $79,000.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
