Bitcoin's price fell below $75,000, causing over $100 million in long position liquidations amid a broader crypto sell-off. This decline increases the likelihood of Ethereum dropping to $2,000 and reduces Bitcoin's chances of staying above $68,000 today. The market also shows moderate negative effects on Hyperliquid. Investors should watch for further Bitcoin movements and regulatory or institutional updates that could impact the crypto market.
The cryptocurrency market experienced a broad decline with Bitcoin down 2.4% and Ethereum down 3.6%, alongside losses in major altcoins. Trading volumes for both spot and derivatives fell significantly, indicating reduced risk appetite and lower leve...
The SEC postponed its planned innovation exemption framework that would allow blockchain-based tokenized stocks, following concerns from traditional exchanges like Nasdaq and CME about investor protection and market fairness. This delay caused Bitcoi...
Bitcoin fell 2.8% to $75,120, dropping below the $76,000 resistance level amid $209 million in long position liquidations and $36.29 million outflows from spot bitcoin ETFs. The decline reflects ongoing market uncertainty driven by geopolitical tensi...
Bitcoin and Ethereum are struggling to break key resistance levels, indicating a cautious market with bearish tendencies. Bitcoin remains below its 200-day moving average, showing signs of a potential bottoming rather than a strong recovery. Ethereum...
Fidelity Investments’ Director of Global Macro, Jurrien Timmer, identifies Bitcoin as exhibiting typical early bull market behavior. Bitcoin is currently challenging the critical neckline of a large head-and-shoulders pattern around $80,500, maintain...
