Bitcoin traders faced a $584 million liquidation of long positions on Monday, the largest since February, as geopolitical tensions and rising U.S. Treasury yields pressured the price down to a critical support level at $76,318. The sell-off was triggered by concerns over potential military action against Iran, causing risk-off sentiment across markets. Despite this, stablecoin liquidity increased, suggesting potential buying power for a recovery above $80,000. Analysts highlight resistance at $85,900, where earlier investors may sell, and note that future price moves will likely depend on spot market demand rather than futures trading.
Institutional interest in Ethereum remains, with Bitmine adding over 71,000 ETH last week, viewing the price drop as a buying opportunity. However, market data shows stronger conviction for Bitcoin, with its net taker volume staying positive while Et...
Bitcoin traded in a volatile range around the $77,000 mark, briefly surging above it but struggling to maintain momentum. This price action lifted Bitcoin's market cap to about $1.55 trillion and helped the overall crypto market cap grow by over $20 ...
Following the Senate's 50-47 vote to limit President Trump's authority to wage war against Iran, major cryptocurrencies including Bitcoin, XRP, and Solana saw modest gains during Asian trading hours. This political development reduced market uncertai...
Capriole Investments warns that the current U.S. inflation rate of 3.8%, the highest since May 2023, historically precedes an average 30% market crash within 1 to 24 months. Past severe crashes like the 2000 dot-com bubble and 2008 financial crisis o...
Trump Media & Technology Group has withdrawn its registration for the Truth Social Bitcoin and Bitcoin & Ethereum ETFs, citing a "structural reset" but analysts point to intense competition, collapsing fees, and weak investor demand as the real reaso...
