Bitcoin is trading around $77,390, showing a modest 0.8% gain in 24 hours but down about 4.5% over the past week. The price failed to sustain above the $82,000 resistance, with traders now watching if it can break through the $78,000 to $80,200 resistance zone. The cautious Federal Reserve outlook, highlighted by minutes showing possible future rate hikes due to persistent inflation and geopolitical risks, is pressuring Bitcoin and other risk assets. Key support is near $72,960, and if Bitcoin holds above this, it could aim for $94,850; otherwise, a deeper correction toward $54,270 is possible. The market awaits a clear move above $80,200 to confirm short-term recovery or risk further declines.
While major cryptocurrencies like bitcoin and ether have seen little change recently, tokens linked to perpetual-futures platforms such as Hyperliquid's HYPE have surged over 40%, driven by strong trading volumes and fee revenue. Privacy-focused coin...
Bitcoin is maintaining a crucial support and resistance flip on its daily chart, supported by the 50- and 100-day EMAs nearing a bullish crossover. The price is currently around $77,918, holding above the $76,000-$77,000 support zone, which was previ...
Bitcoin's price is currently influenced by ongoing US-Iran peace talks, which could either lead to a significant rally if a deal is reached and the Strait of Hormuz reopens, or a steep decline if talks fail and conflict resumes. The 4-hour chart show...
HYPE has surged 101% year to date, significantly outperforming Bitcoin, which is down 12% over the same period. This growth was fueled by record ETF inflows of $25.5 million in a single day, far exceeding the daily token burn of $1.4 million. The cum...
Bitcoin trades around $77,801 with a modest 0.78% gain, while Ethereum remains near $2,134, reflecting a cautious crypto market influenced by macroeconomic factors like the dollar index, Treasury yields, and Federal Reserve policy expectations. The t...
