Bitcoin traded near $61,739 after dipping to $60,420, maintaining support above the key $60,000 level amid a cautious market following a sharp weekly decline from over $73,000. Michael Saylor's cryptic post about adding "more dots" sparked speculation about increased Bitcoin purchases by Strategy, though no confirmed buys were disclosed. The recent selloff is partly attributed to capital rotation into AI ventures, as noted by Saylor, shifting investor funds away from Bitcoin temporarily. The outlook depends on Bitcoin reclaiming resistance above $62,800 to confirm a recovery; falling below $60,000 could lead to deeper losses.
Bitcoin is trading around $61,822, showing signs of a short-term oversold bounce but facing strong bearish pressure from moving averages on the daily chart. The RSI indicates deeply oversold conditions, suggesting a potential relief rally, but the pr...
XRP is experiencing increased inflows with over 25 million tokens moving off exchanges and steady ETF investments, indicating accumulation. However, despite these positive signs, XRP's price has fallen to $1.13, following Bitcoin's recent decline bel...
XRP is poised for a major price move, potentially breaking out to $1.50 or dropping to $0.93, driven by tightening Bollinger Bands and a pending U.S. Senate vote. Meanwhile, whales have withdrawn a record 1.91 trillion SHIB tokens from exchanges, red...
Cryptocurrency trader James Wynn has taken new long positions on Ethereum and Bitcoin using high leverage—25x on ETH and 40x on BTC. His Ethereum trade shows about $5,100 in unrealized profits, while the Bitcoin position is close to its liquidation p...
Bitcoin has dropped below its value on the day of the 2024 US election, trading around $60,619, which is 12.6% lower than its election price and nearly 52% below its all-time high. This decline follows a surge fueled by massive ETF inflows that peake...
