Bitcoin and Ether fell to new lows for 2026 following a broad selloff in tech stocks driven by concerns over AI industry costs and speculative profits. This tech weakness spilled over into crypto markets, with significant ETF outflows exceeding $7 billion in two months and fears about Strategy's $16 billion unrealized Bitcoin losses adding pressure. Inflation data showing a 4.1% rise in PCE inflation has raised expectations of a possible Fed rate hike in July, further dampening risk appetite. Market watchers are closely watching whether ETF outflows slow, the US-Iran peace deal holds, and how Strategy will handle its Bitcoin holdings amid these challenges.
Bitcoin surged past $70,000, driven by the largest short squeeze since March, with $431 million in liquidations accelerating the rise. This forced buying helped Bitcoin cross $65,000 smoothly, but sustaining the breakout depends on new demand as liqu...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Bitcoin's recent rally above $72,000 was driven by the U.S. Treasury doubling bond buybacks to $4 billion, which surprised markets and boosted liquidity. Economist and bitcoin critic Peter Schiff dismissed this surge as a temporary 'fakeout' rather t...
Peter Brandt, a veteran futures trader, has shifted from a bearish to a bullish stance on Bitcoin after the cryptocurrency broke above $64,000, invalidating his previous downtrend prediction. The breakout completed an inverted head-and-shoulders patt...
