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.
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
A Bitcoin trader increased their long position by about $1.6 million and closed a previous long position of 104.81 BTC valued at approximately $8.7 million. The closed long was opened at an average price of $82,971.69 per BTC and closed at $83,068.30...
A recent Bank for International Settlements (BIS) paper argues Bitcoin can't function as everyday money due to lack of credit structures and public backstops, while Michael Saylor agrees Bitcoin is better as capital than currency. Both see credit as ...
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
Bitway (BTW) surged 27.65% in 24 hours to $2.10, topping gains among the 90 largest cryptocurrencies excluding stablecoins. Overall, 78 of these assets advanced, including Rain (RAIN) up 13.45% and Pearl (PEARL) rising 12.74%. Bitcoin and Ether also ...
