Bitcoin has rebounded sharply from recent lows and is now approaching a key resistance level at $65,400, marked by the 50-day exponential moving average (EMA). This level has previously blocked upward momentum, so a successful breakout could lead to further gains toward the 100-day EMA near $69,000 and potentially the 200-day EMA around $75,000, signaling a longer-term bullish trend. However, failure to break this resistance might push Bitcoin back to the $60,000 support zone, delaying a full trend reversal. The current recovery shows improving momentum and steady trading volume, but confirmation of a new bullish phase depends on surpassing this critical resistance.
Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. ...
Monero's price briefly surpassed $400, rising nearly 30% since late June, driven partly by a large whale's $36 million long position. Despite this, technical indicators and recent price action suggest the rally may be a pullback rather than a sustain...
Arthur Hayes predicts that the Federal Reserve's plan to help Japan defend the yen by using the FIMA Repo Facility will increase dollar liquidity, which could drive up Bitcoin prices. Japan would use its US Treasury holdings to borrow dollars, conver...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Trump Media and Technology Group reported a decline in its Bitcoin holdings to 9,477 BTC as of June 30, 2026, down 65 BTC from March. The company faced $360.6 million in cryptocurrency losses in the first half of 2026 due to falling Bitcoin and Crono...
