Bitcoin fell 2% in 24 hours, dropping below its key resistance near $74,000, signaling a possible repeat of midterm-year bear market patterns seen in 2018 and 2022. Analyst Benjamin Cowen noted the rally lacked strong follow-through, suggesting further weakness may come in June or July, with a potential bottom by September or October. Ethereum and XRP also declined sharply, down 4.5% and 3% respectively, amid accelerating crypto sell-off. The 200-week moving average remains a critical long-term support level to watch later this year.
Bitcoin's price has dropped sharply within a bear flag pattern, hitting near the bottom trendline and wiping out over $5,000 in value in less than two days. Despite a series of lower highs and lows signaling bearish momentum, technical indicators lik...
USDT (Tether) trading volume has increased significantly across major cryptocurrency exchanges due to heightened volatility in Bitcoin and other altcoins. Traders are using USDT as a stable liquidity asset to manage risk and maintain market exposure ...
Bitcoin price faces a critical support test between $70,000 and $75,000 after failing to break the $83,000 resistance. A drop below $70,000 could push Bitcoin back to its long-term support zone of $50,000 to $60,000, signaling potential volatility ah...
During a recent market downturn, traders moved over $35 million into the stablecoin Tether (USDT), signaling a defensive shift away from riskier assets like Bitcoin and major altcoins. This influx reflects increased market volatility and uncertainty,...
Grayscale's new report identifies Ethereum, Solana, BNB Chain, and Canton Network as the primary blockchain networks set to benefit from the U.S. Clarity Act and SEC guidance, which aim to provide clearer rules for digital assets. This regulatory cla...
