The global crypto market fell about 1.5% with Bitcoin dropping below $62,000 due to renewed Middle East tensions and macroeconomic concerns. Investor sentiment worsened, reflected by a drop in the Fear & Greed Index to 'Extreme Fear.' Institutional investors continue buying Ethereum aggressively, while regulatory developments like the CLARITY Act remain uncertain. Key upcoming events include U.S. inflation data and Fed Chair Kevin Warsh's testimony, which could significantly influence crypto prices and market direction.
Bitcoin traded near $62,600 with little change over the week as renewed tensions between the U.S. and Iran pushed oil prices higher, increasing inflation concerns. The U.S. reinstated a blockade on Iranian ships, raising geopolitical risks and causin...
The Altcoin Season Index increased to 56, up from 46 last week, indicating improving performance among large-cap altcoins but still below the 75 threshold for a full altcoin season. Bitcoin dominance remains steady at 58.2%, showing that most market ...
Economist Peter Schiff expressed regret for not buying Bitcoin when he first learned about it but remains firm that he will not buy the cryptocurrency now, even if its price falls to $20,000. Schiff has a long-standing bearish view on Bitcoin, freque...
Major cryptocurrencies, including Bitcoin, fell by more than 2% as traders increased expectations for a Federal Reserve interest rate hike in July. This shift is driven by rising U.S.-Iran tensions, surging oil prices, and hawkish Fed comments, pushi...
Bitcoin has rebounded from around $58,000 to trade near $63,000-$64,000, approaching a key resistance zone at the 50-day EMA near $64,600. Despite multiple tests, it has yet to break out decisively, but technical signals like higher lows and a rising...
