Bitcoin has dropped below its value on the day of the 2024 US election, trading around $60,619, which is 12.6% lower than its election price and nearly 52% below its all-time high. This decline follows a surge fueled by massive ETF inflows that peaked in early 2025 but have since reversed with significant outflows. Analysts warn that breaking the $60,000 support could lead to further declines toward $55,000, a key historical support level. The market faces pressure from geopolitical tensions, interest rate concerns, and shifting investor focus, signaling a cautious outlook for Bitcoin's near-term performance.
XRP's price has dropped below $1.10, marking its lowest level since 2024, with an 18% decline over the past week. Technical analysis suggests further downside risk toward $0.84, while some see potential support around $0.95. Despite recent approvals ...
Bitcoin and Ethereum posted small gains while many altcoins showed mixed performance, reflecting a market favoring large-cap cryptocurrencies amid declining activity in DeFi, stablecoins, and derivatives. Total crypto market capitalization remained a...
Large crypto investors are heavily buying Bitcoin and Ethereum, with net buy weights of 81% and 79% respectively, signaling a preference for liquid, well-known assets during volatile times. Meanwhile, several smaller altcoins show extreme oversold si...
Investors are exiting risk assets in the crypto market, with stablecoins gaining demand over altcoins and Ethereum. The stablecoin market cap has shrunk by over $7 billion in 21 days, while $400 billion has left the crypto market overall. Notably, Te...
The US economy added 172,000 jobs in May, more than double the expected 80,000-85,000, causing a sharp market reaction. The Nasdaq fell over 4%, the S&P 500 dropped 2.6%, and Bitcoin slid below $62,000 as investors priced in a higher chance of Federa...
