USDT's dominance in the crypto market has formed a bullish golden cross, indicating investors are shifting funds from riskier assets like bitcoin into stablecoins. This move suggests growing caution and risk aversion in the crypto market, as USDT dominance typically rises when bitcoin prices fall. Recent data show USDT dominance increasing even as its market cap declines, implying some investors are exiting crypto altogether. Until this trend reverses, bitcoin and the broader crypto market may face continued downward pressure.
Bernstein reaffirmed its bullish Bitcoin price target of $150,000 by 2026, citing strong institutional support despite slower capital inflows and reduced retail participation. The recent price drop to around $62,900 reflects lower investment flows ra...
Bitcoin's price is near $63,500, aligning closely with the average cost to mine one BTC, causing miners to break even on average. This price level reflects a critical threshold where less efficient miners may shut down due to unprofitability. The mar...
Hyperliquid allocates over 90% of its trading fees to an Assistance Fund that buys HYPE tokens, creating strong buy pressure and reducing supply. This strategy helped HYPE reach an all-time high near $75, outperforming major cryptocurrencies like Bit...
Bitcoin is attempting a short-term recovery after a recent sharp pullback, with traders closely watching the $61,000 support zone. A strong bounce from this level could lead to a move toward $65,000-$67,000, supported by a potential inverse head-and-...
Bitcoin recovered from a recent dip near $59,000 to trade above $62,000, briefly testing resistance at $64,156. The recovery is fragile due to weak demand and awaits confirmation from stronger futures market participation and upcoming US inflation re...
