Bitcoin fell to $63,000, its lowest in 10 days, pressured by weak risk sentiment, tech stock sell-offs, and uncertainty over Federal Reserve policy. The price is consolidating between $60,000 and $65,000, with a critical support at $58,000; a break below could lead to a drop toward $49,100. Meanwhile, the Bitcoin-to-gold ratio is testing a long-term support level, which may indicate whether Bitcoin has formed a bottom or needs further correction. Recovery above $67,000 is needed to improve Bitcoin's outlook and target $70,000-$75,000.
Bitcoin options open interest rose to $34.13 billion, showing a strong bullish bias with calls making up 66% of total open interest. Despite this, put option volume remains high, indicating traders are hedging against potential downside risks. Key st...
Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin saw slight gains as investors reacted to renewed Middle East tensions and anticipated the Federal Reserve's upcoming interest rate decision. Bitcoin reached $64,100 before resistance ...
Bitcoin held steady near $64,000 ahead of a highly uncertain U.S. Federal Reserve meeting, recovering from earlier losses while AI-related stocks declined sharply. Markets see a 70% chance the Fed will keep interest rates unchanged, with a 30% chance...
Over the past 24 hours, Bitcoin saw $15.44 billion in liquidations as leveraged long positions rapidly unwound, signaling a broad deleveraging across the crypto market. Ethereum, XRP, and Solana also experienced significant liquidations, reflecting a...
Over $25 billion in Bitcoin and Ethereum positions were liquidated across major exchanges due to a sharp rise in market volatility. Binance led the liquidations with $1.9 billion wiped out, mostly from long traders betting on price increases. Other t...
