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.
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
Bitcoin surged more than 6% to trade around $86,000, fueled by a mix of ETF demand and a short squeeze rather than broad market accumulation. Analysts at Nansen highlight that while the price has turned bullish quickly, major crypto holders remain ca...
Bitcoin surged to $86,000, its highest in eight months, driven by a massive $648 million short squeeze that broke through a critical resistance zone between $82,000 and $86,000. This price level is significant as it marks the breakeven point for US s...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Bitcoin surged past $84,000, fueled by a short squeeze that forced bearish traders to close leveraged positions, causing $746 million in crypto liquidations. This rally lifted most cryptocurrencies, with Bitcoin futures and options showing increased ...
