Bitcoin surged past $80,000 for the first time since January but fell back to around $79,000 after reports of an Iranian missile strike on a U.S. patrol boat near Jask Island. The U.S. denied any ship was hit, causing oil prices and equity futures to moderate their initial sharp moves. Despite the geopolitical tension around the Strait of Hormuz, other major cryptocurrencies like Ether, Solana, and Dogecoin remained mostly stable or slightly positive. The situation remains fluid as traders watch for further developments amid ongoing U.S.-Iran tensions and recent regulatory optimism from the Senate's Clarity Act compromise on stablecoin yields.
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
