Bitcoin price has climbed back above $60,000, driven by easing oil prices and improved U.S. macroeconomic sentiment, which boosted risk appetite. Despite this recovery, persistent outflows from U.S. spot Bitcoin ETFs continue to pressure institutional demand, potentially limiting further gains. Technical analysis suggests Bitcoin could rise above $61,000 if it holds current support, but failure to maintain $60,000 may trigger renewed selling. Key resistance levels to watch are $62,700 and $65,000, which must be reclaimed for a stronger recovery. Macro risks, ETF selling, and geopolitical uncertainties remain key threats to Bitcoin's rebound.
Bitcoin surged over 4% to trade above $61,000 following Federal Reserve Chair Kevin Warsh's remarks that inflation risks have lessened, easing concerns about aggressive interest rate hikes. This rise contrasts with a sharp 7.9% drop in South Korea's ...
U.S. spot Bitcoin ETFs experienced $294.62 million in outflows on July 1, continuing a 10-day streak of net redemptions led by major funds like BlackRock's IBIT. Despite this short-term selling pressure, cumulative inflows since launch remain strong ...
Bitcoin has reclaimed the $60,000 level, sparking renewed debate on whether it has bottomed. The recent rally triggered a significant short squeeze, but unlike previous moves, it is supported by improved market sentiment and a healthier derivatives m...
Bitcoin surged past $60,000, gaining 3% after falling over 30% in the first half of 2026, as investors awaited the US June employment report forecasting 115,000 new jobs. The rebound follows cautious Federal Reserve comments on inflation and interest...
Jupiter (JUP) rose over 15% in 24 hours, driven by adding its stablecoin JupUSD to its liquidity pool and plans for a $500 million USDC-to-JupUSD transition. The strategic reserve also increased buying pressure by acquiring over 350,000 JUP recently,...
