Bitcoin recently peaked near $83,000 but has since fallen below its 9-day and 21-day moving averages, now trading around $77,371. This drop follows a multi-day retracement triggered by a bearish crossover of short-term moving averages and over $800 million in liquidations amid rising US bond yields and geopolitical tensions. The Relative Strength Index shows the market has cooled from overbought conditions, reflecting reduced bullish momentum and increased selling pressure. Key levels to watch are $78,500-$79,300 for a potential recovery or $76,086 as critical support, where a break could lead to further declines toward the low $70,000s.
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. ...
