Bitcoin dropped below $80,000 amid profit-taking and cooling crypto sentiment, with the Crypto Fear & Greed Index at a neutral 46. Over 127,000 traders were liquidated in the past 24 hours, totaling $440 million. Despite the pullback, analysts say the current weakness is not panic but a logical reset near a key support level around $75,000. Negative funding rates suggest bearish positioning, which could trigger a sharp short squeeze if Bitcoin breaks above its consolidation range.
Bitcoin gained 1.55% to $80,900 on May 15, driven by positive news around the Clarity Act Bill and increased market activity, with trading volume up 25% to $44.82 billion. A whale placed a $57 million long bet on BTC, signaling strong confidence, whi...
Prominent crypto trader Huang Licheng, known as "Machi Big Brother," closed most of his leveraged long positions in Ethereum and Bitcoin, incurring losses close to $32 million. Despite these closures, he still holds about 6,800 ETH, indicating a part...
Bitcoin's price dropped below $79,000 following a sharp sell-off in the US bond market, which triggered a roughly 3% decline in Bitcoin's value. This move highlights the growing sensitivity of cryptocurrencies to traditional financial markets and mac...
Bitcoin's recent rally to $74,000-$87,000 is seen as a counter trend bounce, not a new bull market start, according to analyst Kevin. He highlights Bitcoin's failure to break resistance near $120,000-$125,000 and weakening momentum indicators as sign...
The HYPE token surged nearly 16% following the launch of Bitwise's new Hyperliquid ETF, which offers spot exposure and staking features for the token. This ETF debut, along with Coinbase's role as USDC treasury deployer for Hyperliquid and wallet int...
