Bitcoin and major altcoins gained as oil prices eased and hopes for an Iran-U.S. deal boosted sentiment. Bitcoin is trading between key support near $60,000 and resistance around $66,000 to $68,000, with analysts warning of a bearish chart pattern that could push prices down to $54,000. Derivatives data show mixed signals with elevated volumes but mostly negative market sentiment, indicating skepticism about a sustained rally. Meanwhile, Taiko's token plunged nearly 30% after a security breach on its Ethereum layer-2 network, highlighting ongoing risks in crypto bridge technology.
U.S. spot Bitcoin ETFs experienced $227 million in outflows last week, led by Grayscale's $156 million withdrawal, as traders reduced leverage amid rising Bitcoin inflows to exchanges and cautious institutional sentiment. Despite these outflows, Bitc...
A newly created wallet deposited 6.68 million USDC into Hyperliquid and opened $48 million in 20x leveraged short positions on Bitcoin, Solana, and Ethereum. The position includes 430.64 BTC, 181,245 SOL, and 4,280 ETH, heavily weighted towards Bitco...
Bitcoin price maintained a higher low around $62,200 despite geopolitical tensions from US-Iran talks and Strait of Hormuz closures. The price broke down from a bear flag but found support at $63K, with bulls aiming to surpass $64K and $66K resistanc...
A newly created wallet deposited 6.68 million USDC to open 20x leveraged short positions totaling nearly $48 million on Bitcoin, Ethereum, and Solana. This large bearish bet signals expectations of price declines in these major cryptocurrencies. Bitc...
Crypto analyst Doctor Profit warns that Bitcoin is forming a bearish "bear flag" chart pattern, which could lead to a price drop to the $54,000–$56,000 range initially, and possibly further down to $40,000–$50,000. This pattern involves a sharp price...
