Bitcoin traded in a narrow range around $65,500 to $65,750, briefly spiking above $66,000 before dropping to $64,503 and quickly rebounding above $65,700. This price stability occurred as markets awaited the formal signing of the US-Iran memorandum and the Federal Open Market Committee's policy decision. On-chain data from Glassnode shows bitcoin is building a consolidation base with improving demand, but low trading volume and futures interest suggest the recovery is fragile and driven by short-covering rather than strong institutional buying. Investors remain cautious amid geopolitical uncertainty and the upcoming Fed meeting, which could influence inflation and oil prices.
Bitcoin remains steady just below $66,000 while select large-cap altcoins, notably Solana and Ether, have outperformed with gains of around 10.3% and 5.2% respectively. This divergence is driven by traders rotating into higher-beta altcoins amid unce...
The upcoming SpaceX public offering may create a wealth effect that benefits Bitcoin and other digital assets, according to Aaron Arnold, co-founder of Altcoin Daily. He suggests that while AI investments currently attract momentum investors, crypto ...
Bitwise CIO Matt Hougan ranked Chainlink (LINK) among the four most important cryptocurrencies, alongside Bitcoin, Ethereum, and Solana, highlighting its dominance in the oracle market that connects blockchains to real-world data. Despite low institu...
Bitcoin's long-term holders now control a record 79% of its circulating supply, a historical indicator that often precedes the end of bear markets. Low reactivation of old coins and reduced ETF selling suggest strong accumulation and diminished selli...
Bitcoin has rebounded from the $60k support level, reaching $67k before a slight pullback to around $65,695. Traders, especially whales, are increasingly bullish, with one opening a $68.1 million 20x long position on 1036 BTC, signaling confidence in...
