The Federal Reserve's upcoming interest rate decision has divided market expectations, with a 64.2% chance rates remain unchanged and 35.8% chance of a 25 basis point hike. This uncertainty has led Bitcoin traders to adopt defensive positions, reflected in increased sell orders and reduced leverage across major exchanges. Bitcoin's price recently dipped to $62.7k and needs to rally above $67.2k to shift to a bullish trend. The market awaits the Fed's decision, which could influence Bitcoin's short-term direction.
Bitcoin's Open Interest (OI) in futures has surged to a two-month high, reaching about 750,000 BTC worth nearly $48 billion. This rise indicates increased leveraged speculative trading, with major exchanges like Binance, Gate.io, and Bybit seeing sig...
Trader DonAlt, known for his accurate 700% XRP prediction, highlights $64,000 as a critical Bitcoin price level. He identifies a resistance zone between $66,600 and $68,000; a weekly close above this could spark a new rally toward all-time highs. Con...
Dana Love, Ph.D., predicts XRP may see a significant price increase if three conditions align: a Bitcoin governance confidence shock, failure of the U.S. Senate to pass crypto-market legislation, and sustained demand for XRP spot ETFs. Despite Bitcoi...
BlackRock's clients have recently sold $60 million worth of Bitcoin through the IBIT ETF while purchasing over $20 million in Ethereum. This move suggests a possible institutional rotation favoring Ethereum, driven by its smart contract capabilities ...
Jamie Coutts, chief crypto analyst at Real Vision, argues that Bitcoin's recent price drop is due to weak demand and tightening global liquidity rather than the influence of Michael Saylor's company, Strategy. He highlights that the broader market la...
