Bitcoin recovered slightly to around $67,000 after a 9.5% decline over the past week, remaining in a trading range seen earlier this year. Despite U.S. stocks hitting record highs, Bitcoin faces a critical support level near $60,000 that, if broken, could trigger further declines to around $54,000. Meanwhile, altcoins showed mixed performance with Ethena surging over 20% following Coinbase's integration announcement, while some tokens like Humanity Protocol experienced sharp corrections. Market indicators suggest bearish sentiment is growing, with increased liquidations of leveraged long positions and rising demand for downside protection, signaling potential further volatility ahead.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
