Investors withdrew $635 million from U.S. spot bitcoin ETFs in one day, marking the largest outflow since late January and contributing to a total $1.26 billion outflow over five days. This coincides with bitcoin's price falling below its 200-day moving average near $82,000 to around $79,400, pressured by renewed U.S. inflation concerns. While ETF inflows had previously supported bitcoin's rise above $80,000, the correlation between ETF flows and bitcoin price has weakened significantly. The market now faces uncertainty as macroeconomic factors like inflation and Federal Reserve policies could further impact bitcoin's momentum.
Sahara AI (SAHARA) maintained heavy trading volume on Korea's Upbit exchange, trading around 65.9 won with a 24-hour turnover of about 68.9 billion won. The token entered the 'extreme greed' zone on sentiment indicators, reflecting strong buying mome...
Michael Terpin, CEO of Transform Ventures and a noted Bitcoin advocate, predicts Bitcoin will face a short-term decline to between $48,000 and $60,000 by October 2026, citing market cycles tied to U.S. elections and institutional selling pressures. D...
Solana (SOL) dropped 5.6% to around $90, leading a broad sell-off in the cryptocurrency market triggered by rising U.S. inflation and geopolitical tensions between the U.S. and China. Bitcoin fell below the key $80,000 support level, trading near $79...
Bitcoin fell below $80,000 to around $79,200 amid renewed geopolitical tensions after Chinese President Xi Jinping warned of potential conflict over Taiwan during U.S. President Trump's visit to China. Major cryptocurrencies, led by Solana's 5.6% dro...
Veteran trader Peter Brandt warns that Bitcoin has not yet formed a clear bottom, highlighting a potential bear channel from the February low. Bitcoin is currently trading near the upper boundary of this channel, facing resistance around the $79,145 ...
