Bitcoin recovered above $64,000 over the weekend after a drop below $62,400 on Friday, but the broader crypto market showed limited momentum. Altcoins LAB and AERO led gains with notable increases, while major tokens like Ethereum and XRP remained mostly flat. Traders are closely watching Bitcoin's support at $62,000 and resistance near $67,000, influenced by ongoing U.S.-Iran ceasefire talks and significant Bitcoin ETF outflows totaling $6.35 billion in the past 30 days. The market remains cautious, awaiting clearer signals for a sustained rally or further declines.
Bitcoin is set to close July with a 7.5% gain despite challenges like rising interest rate expectations, higher bond yields, and a $38 million Coldcard wallet hack. Analysts attribute Bitcoin's resilience to reduced forced selling after leveraged pos...
The 30-year U.S. Treasury yield hit its highest level since 2007, making bonds more attractive and drawing capital away from riskier assets like cryptocurrencies. This shift has contributed to a significant drop in crypto market value, with Bitcoin l...
Bitcoin fell 3.5% to $62,369, its lowest in over two weeks, influenced by stagnant US markets and renewed global macroeconomic tensions. While Wall Street struggled, the South Korean KOSPI index surged 17.9%, driven by the AI and semiconductor sector...
Large investors, or whales, have raised their control over Cardano's ADA tokens to 68.76%, the highest since July 2020, despite the token's price falling over 70% this year. This surge in whale holdings suggests growing institutional confidence in Ca...
Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 after failing to hold $65,000, which erased $100 million in leveraged long bets and reduced its monthly gains from 10% to 4.5%. The sell-off also cut Bitcoin's market capit...
