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.
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.21% to $75,462 and Ethereum dropping 6.05% to $2,393.88. Other notable coins like XRP and SOL also saw steep losses, exceeding 6%. This broad sell-off reflects incr...
The U.S. Senate failed to advance the Digital Asset Market CLARITY Act, a key crypto market structure bill, dealing a setback to the industry. Despite this, Ripple CEO Brad Garlinghouse expressed confidence that cryptocurrency will continue to progre...
The U.S. Senate narrowly failed to advance the CLARITY Act in a 49-50 procedural vote, causing Bitcoin, XRP, and Shiba Inu to plunge. The bill aimed to provide comprehensive cryptocurrency market regulations but fell short of the 60 votes needed to p...
Bitcoin briefly fell below $75,000 on September 15 due to fears of a Federal Reserve rate hike but quickly recovered above $76,000. This sharp move liquidated over $98 million in leveraged long positions as US 10-year Treasury yields rose above 5%, a...
Leading cryptocurrencies such as Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling nearly 4% and Ethereum over 5%. Other major coins like XRP and Solana also saw notable drops, indicating a broad market sell-off. This ...
