Bitcoin price recovered above $63,600 after dipping to around $62,650, driven by conflicting reports about a US-Iran ceasefire extension. While some sources claimed the 60-day ceasefire was extended, neither government confirmed this, and the negotiation period expired without a final agreement. The rebound occurred despite significant outflows from US Bitcoin ETFs and ongoing regional instability, including restricted shipping through the Strait of Hormuz. Bitcoin faces resistance near $65,500, with support around $61,900; a sustained move above resistance could lead to further gains, while a drop below support may expose lower levels near $59,000.
Bitcoin recently closed a weekly candle below its 200-week moving average for the first time since June 2022, trading around $58,000 to $62,000. This moving average has historically marked bear market lows and acted as strong support during downturns...
Bitcoin showed volatility as reports surfaced about a US-Iran agreement to extend a 60-day ceasefire, which was set to expire. However, Iran's Foreign Ministry clarified there is no binding 60-day deadline in their memorandum with the US, dismissing ...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
Trump Media & Technology Group (TMTG), parent of Truth Social, is stepping back from its cryptocurrency ventures after losing $360.6 million in digital assets in early 2026. The company faced a $238.1 million net loss in Q2 due mainly to crypto markd...
Bitcoin's price has recovered above its crucial bull market support trendline after dipping to $62,500, suggesting a potential rally toward the $70,000 to $76,000 range. Technical indicators like the Stochastic RSI and Fibonacci levels support the id...
