Bitcoin dropped below $64,000 following the Federal Reserve's updated dot plot indicating zero or one interest rate cut for 2026, ending weeks of cautious optimism in crypto markets. CryptoQuant reported the largest weekly decline in Bitcoin demand since 2022, suggesting a deeper structural sell-off rather than a typical dip. Meanwhile, gold prices rose as investors sought traditional safe havens amid monetary uncertainty. The critical Bitcoin valuation floor is around $53,600, and if demand continues to fall, this level could be tested. The absence of panic selling offers some relief, but higher interest rates increase the opportunity cost of holding Bitcoin compared to safer assets like Treasuries, especially for institutional investors.
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. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
