Bitcoin fell about 0.7% to $65,500 amid rising crude oil prices hitting $88.60 per barrel and surging U.S. Treasury yields, which increased the appeal of bonds over cryptocurrencies. The broader crypto market also declined, influenced by inflation concerns and geopolitical tensions. Meanwhile, Bitcoin ETFs have recorded seven consecutive days of inflows totaling $981.2 million, signaling growing investor confidence despite regulatory uncertainties around the Digital Asset Market Clarity Act. This ETF demand may support a potential Bitcoin rally toward $70,000, though caution remains over possible overheated buying.
Anthony Pompliano, a strong Bitcoin supporter, will host a podcast featuring Peter Schiff, a well-known Bitcoin critic, to debate whether Bitcoin is a bubble. Schiff has repeatedly called Bitcoin a bubble and promotes gold as a safer asset, though he...
Bitcoin's long-term holders, defined as those holding BTC for over 155 days, now control 79% of the circulating supply, reaching 16.64 million BTC, a record high according to CoinGlass. This indicates strong conviction among these investors, as only ...
Bitcoin is trading around $65,825, consolidating near the key $65,000 psychological level and facing strong resistance at $65,900. Holding above $65,000 supports a neutral-to-bullish outlook, while a drop below could lead to a retest of lower support...
Ethereum is showing strong seasonal performance in July, with transaction counts hitting a record 18.7 million and median fees dropping to $0.008, signaling successful scaling upgrades. Developer activity is surging, with smart contract deployments u...
Dogecoin has generated rare consecutive weekly buy signals, suggesting a potential major rally, but its price has remained flat and trading volume declined recently. Despite bullish hopes after defending the $0.088 support level, Dogecoin is trading ...
