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Bitcoin nears bearish death cross while Zcash rebounds strongly after June crash

Technical Signals
05 Aug 2026
Crypto Briefing
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Neutral
Bitcoin nears bearish death cross while Zcash rebounds strongly after June crash

Bitcoin is trading around $62,700, close to a potential bearish death cross where its 20-week moving average may fall below the 200-week average, signaling possible further weakness. Meanwhile, Zcash has recovered impressively from a sharp 50% crash in June caused by a security flaw, bouncing back to $460-$517 after an emergency fix and upcoming upgrade. Investors should watch if Bitcoin can reclaim $68,000-$69,000 to avoid bearish signals and whether Zcash's Ironwood upgrade restores full trust and supports further gains.

More News (BTC)

Bitcoin trades just above $80,000, slightly down 0.14% in 24 hours

Bitcoin trades just above $80,000, slightly down 0.14% in 24 hours

Bitcoin (BTC) was trading at $81,561 as of 9:19 a.m. ET on Friday, showing a slight decline of 0.14% over the past 24 hours. Despite the small drop, the price remains strong above the $80,000 mark, indicating continued investor interest in the digita...

Market News
Neutral
4 hours ago
Bitcoin ETFs see $635M outflows after $1B inflow surge, testing institutional demand amid price drop.

Bitcoin ETFs see $635M outflows after $1B inflow surge, testing institutional demand amid price drop.

U.S. spot Bitcoin ETFs experienced their largest single-day net outflow since June, with $635.5 million withdrawn on October 22, following a $1 billion inflow earlier in the week. This outflow coincided with Bitcoin's price falling to around $81,200 ...

Market News
Bearish
4 hours ago
Gold and silver lose $1.3T; Bitcoin stays strong above $80K amid inflation fears

Gold and silver lose $1.3T; Bitcoin stays strong above $80K amid inflation fears

Gold and silver markets have dropped $1.3 trillion in value over four days due to inflation concerns and high interest rate expectations. Meanwhile, Bitcoin remains resilient above $80,000, suggesting investors may be shifting to cryptocurrencies as ...

Market News
Neutral
4 hours ago
Bitcoin nears $90,000 as futures open interest surpasses $140 billion, signaling strong market activity.

Bitcoin nears $90,000 as futures open interest surpasses $140 billion, signaling strong market activity.

Bitcoin is trading around $81,615 with futures open interest climbing above $140 billion, indicating increased investor participation. The price remains above key moving averages, supporting a bullish trend, with resistance near $87,500 and a potenti...

Technical Signals
Bullish
4 hours ago
Bitcoin and stocks face pressure as US 10-year bond yields peak and may decline soon.

Bitcoin and stocks face pressure as US 10-year bond yields peak and may decline soon.

Stock markets and assets like Bitcoin have fallen amid rising US 10-year bond yields, which recently peaked around 5.36% and now show signs of declining toward 4.7%. Bitcoin's price remains near the bottom of its trading channel, with mixed signals s...

Technical Signals
Neutral
5 hours ago
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