Bitcoin fell to around $62,800, down 1.4% over 24 hours, after dropping from about $64,300 in Asian morning trading. This decline was a minor leverage flush within Bitcoin's recent trading range of $59,000 to $66,000, with liquidations much smaller than previous market drops. Meanwhile, SK Hynix shares also fell after its U.S. debut, reflecting profit-taking rather than a direct link to Bitcoin's movement. Analysts note that about 30% of Bitcoin's pressure is due to capital shifting into AI-related stocks. Upcoming U.S. inflation data and Federal Reserve meetings in July are expected to influence risk assets like crypto and chip stocks.
Bitcoin climbed above $63,000 supported by $197 million inflows into U.S. spot Bitcoin ETFs, ending weeks of withdrawals. This inflow indicates renewed institutional interest, helping stabilize Bitcoin prices despite global market volatility. Analyst...
Bitcoin fell below $63,000, dropping over 2%, after President Trump announced the reinstatement of the Iranian blockade in the Strait of Hormuz and introduced a 20% cargo fee for ships crossing the waterway under U.S. protection. This move escalates ...
Bitcoin has held steady above $62,000 despite escalating U.S.-Iran tensions and rising oil prices, signaling an end to panic selling that caused a 28% drop this year. Renewed inflows into U.S.-listed spot bitcoin ETFs and a sharp slowdown in spot mar...
Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its f...
Bitcoin and Ethereum ETFs have reversed a recent trend of outflows, recording significant net inflows over the past day and week. Bitcoin ETFs gained 1,439 BTC ($89.69M) in one day and 2,763 BTC ($172.17M) over the week, while Ethereum ETFs saw inflo...
