Bitcoin's price has surged more than 10% since early July, breaking out from a falling wedge pattern and surpassing the 200 SMA as support. However, the rally lacks strong volume backing and the price has yet to make a higher high, indicating potential for a correction. On the weekly chart, Bitcoin holds key support levels around $62K-$63K and remains above the 200-week SMA, but must reclaim the critical $66K resistance to confirm a bullish trend reversal. The coming weeks will be crucial in determining if Bitcoin resumes a bull market or continues sideways or downward movement.
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
Michael Saylor highlights that Bitcoin's biggest evolution over the next decade will come from the expansion of its financial ecosystem rather than changes to its protocol. He believes institutional adoption—through ETFs, corporate treasuries, banks,...
Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...
