Bitcoin's price has reclaimed the $81,000 level, testing a key resistance zone that has limited its recent recovery. A daily close above $80,000 is crucial, with the next major resistance near the 200-day moving average around $83,000 to $85,000. Analysts note a bullish weekly MACD crossover and supportive miner behavior, suggesting renewed momentum. If Bitcoin holds above $81,000, it could move toward $89,000, $94,000, and potentially $100,000, but failure to hold may see a pullback to $75,000 or $73,000 support levels.
Ether surged about 12% over the past week, leading major cryptocurrencies higher while Bitcoin held steady above $63,000, recovering from late June losses. This resilience in crypto prices contrasts with a stalling rally in AI and chip stocks and a s...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ...
Bitcoin climbed to $63,700, its highest in two weeks, driven by a 2.7% weekend gain as traders prepare for a week packed with important U.S. economic data. The Federal Reserve's meeting minutes, the first under new Chairman Kevin Warsh, along with jo...
Bitcoin price recovered above the key $63,500 level after volatile trading, supported by renewed inflows into US-listed spot Bitcoin ETFs totaling $221.7 million, ending a 10-day outflow streak. This institutional demand boost came alongside weaker-t...
The US dollar slid toward two-week lows after a weak June jobs report showing only 57,000 new nonfarm jobs, which lowered expectations for Federal Reserve rate hikes. This shift reduced the odds of a September rate increase from 65% to about 50%, eas...
