Bitcoin price stabilized around $62,500 after a weekend drop below $62,000, influenced by renewed U.S.-Iran tensions and rising oil prices. Technical resistance lies between $63,100 and $64,700, with analysts warning that a break below $62,000 could lead to deeper losses. The upcoming U.S. CPI report and Federal Reserve testimony are expected to drive volatility, as higher inflation readings could pressure Bitcoin further. Additionally, significant outflows from U.S. Bitcoin ETFs have reduced spot demand, adding to the cautious market sentiment.
Bitcoin is trading around $62,000 as investors await the U.S. June Consumer Price Index (CPI) report, which will influence Federal Reserve policy and market expectations. Previous CPI releases in 2026 have caused significant volatility in Bitcoin's p...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Bitcoin has dropped about 50% from its October 2025 peak of around $126,000, trading near $62,656 as of July 2026. However, Cryptoquant's 365-day PnL Index Signal continues to trend lower, which the firm interprets as the market still being in an acc...
Retail traders are increasingly buying XRP and ether even as their prices fall, a behavior analysts see as a warning for potential further short-term price declines rather than a rebound. Social media sentiment shows strong bullishness for XRP and et...
The Bitcoin Rainbow Chart indicates Bitcoin will stay in its deepest undervaluation zone through August 1, 2026, with prices ranging from about $63,400 to $517,500. Currently trading near $62,655, Bitcoin is just below the 'Fire Sale' threshold, a le...
