Bitcoin dropped below $67,000 as uncertainty around Strategy Inc. (MSTR) impacts the market. Technical analysts warn of further downside, with key support levels between $38,000 and $43,000, and stronger support near $25,000 to $30,000 if those fail. Despite the bearish outlook, some traders continue accumulating Bitcoin, expecting a bottom later this year. The market faces potential 3-4 months of downward pressure before stabilizing.
Bitcoin fell more than 11.25% this week, dropping below $65,360 to its lowest since March, pressured by large holders selling 24,602 BTC and Strategy's sale of 32 BTC. The price is testing a key long-term support near $61,800, with a risk of further ...
Standard Chartered predicts Ethereum will climb 41% to around $2,700 by the end of 2026, citing recent Bitcoin sales and Ethereum's ability to generate staking income as key factors. The bank highlights Ethereum's improving network fundamentals and g...
Standard Chartered's Geoffrey Kendrick views Strategy's recent $2.5 million Bitcoin sale as a key moment favoring Ethereum's performance over Bitcoin. Following the sale, Ethereum showed strong resilience with less than 2% losses, while Bitcoin dropp...
Bitcoin price dropped 4.5% to around $65,700 following Iran's missile strikes on the U.S., triggering risk-off sentiment in crypto markets. Institutional outflows from U.S. Bitcoin ETFs continued, with $519 million withdrawn, marking 12 consecutive d...
Bitcoin's price dropped to around $67,000 amid a significant shift of investor capital from cryptocurrencies to artificial intelligence stocks. This rotation is driven by the high opportunity cost of holding Bitcoin while AI equities rally strongly. ...
