Bitcoin price dropped near $76,000 due to weakening technical indicators, over $1 billion in spot ETF outflows, and rising geopolitical tensions, especially concerns over potential US-Israel military action against Iran. Short-term holders have sold over 15,000 BTC at a loss, signaling panic selling. Key support is identified around $75,733, with liquidation data showing heavy leverage near $75,500. Investors are also cautious ahead of upcoming US Federal Reserve policy signals and jobless claims data, which could impact risk asset sentiment. If Bitcoin fails to hold above $75,000, it may face deeper corrections toward $67,000, though a short-term rebound toward $79,200 is possible if resistance levels are reclaimed.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
