Bitcoin fell to an intraday low of $65,301 on June 16, 2026, dropping 1.4% despite positive global market reactions to a US-Iran memorandum of understanding (MoU). The decline triggered $81 million in derivatives liquidations, reflecting short-term volatility. However, blockchain analytics firm Santiment suggests the MoU could lead to a sustained capital rotation into Bitcoin as geopolitical stability reduces risk premiums, potentially supporting a longer-term bull market. Meanwhile, traditional markets and oil prices reacted differently, with equities mostly stable and oil prices falling due to expected resumed shipping through the Strait of Hormuz.
Fidelity Digital Assets reports that while US home prices in USD have risen by over $100,000 since 2020, their cost in Bitcoin has dropped to about one-tenth, reflecting Bitcoin's strong appreciation. This trend highlights Bitcoin's growing purchasin...
XRP has gained 9.5% in the past week, driven by a sharp increase in spot market volumes, which rose from $42 million in May to $406 million recently. This surge reflects growing retail and institutional interest, even as the derivatives market shows ...
Former President Donald Trump expressed strong support for Bitcoin, calling it a powerful technology whose influence is underestimated. Speaking at the launch of Trump Accounts, he emphasized the strategic importance of the cryptocurrency industry in...
Most major cryptocurrencies, including Bitcoin and Ethereum, saw price declines of around 2-3% in recent trading. This broad sell-off reflects ongoing market volatility and investor caution amid uncertain economic conditions. Stablecoins remained ste...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines exceeding 3% in a recent market downturn. Bitcoin fell to around $62,020, while Ethereum dropped to approximately $1,730. This broad sell-of...
