Bitcoin fell nearly 3% to around $63,000 following stronger-than-expected US labor market data, which reinforced the Federal Reserve's hawkish stance and lowered expectations for near-term interest rate cuts. Technical indicators turned bearish as Bitcoin broke below key support levels, with analysts warning that a drop below $62,400 could lead to a retest of June lows near $59,000. Despite some signs of labor market weakness, the overall strong jobs report has pressured risk assets, keeping traders cautious amid ongoing Fed signals of potential tightening in 2026. Bitcoin's price action remains volatile as it navigates critical support zones and liquidity clusters in the coming sessions.
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
