Bitcoin's price fell to $72,000 this week due to widespread selling across spot, futures, and ETF markets, primarily driven by institutional investors. Retail traders quickly responded by buying at this dip, opening new long positions and creating some price support. The market is currently volatile and uncertain, with institutional selling pressure countered by retail buying, making the next price move dependent on whether institutional selling continues or stops. The lack of official statements from institutions leaves the market's direction open to speculation.
Bitcoin dropped to its lowest level since early April after failing to break above $83,000, signaling a potential bear market with a pattern of lower highs since October. Despite this, US stock futures for the S&P 500 and Nasdaq 100 rose, nearing rec...
Hyperliquid's native token HYPE gained over 11% in the past day, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, which showed minimal gains. Despite a general decline in derivatives trading volume for top cryptos, HYP...
Cryptocurrency prices steadied following reports that the US and Iran are close to extending their ceasefire by 60 days and reopening shipping routes through the Strait of Hormuz, easing geopolitical tensions and oil prices. Bitcoin held above $73,00...
Crypto analyst Michaël van de Poppe highlights that the US-Iran conflict is currently limiting Bitcoin and altcoin rallies. He expects a deal between the US and Iran soon, which could trigger strong crypto gains over the summer. However, he warns tha...
XRP is hovering near a key support level at $1.30, with on-chain data from Santiment indicating extreme undervaluation as many recent holders face significant losses. Despite a slight rebound, XRP remains down over 4% in the past week and over 6% in ...
