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.
The Bitcoin options market is signaling caution with increased demand for puts and higher implied volatility on the downside, especially around the $52,000 price level. This defensive skew indicates traders are paying more for insurance against poten...
Bitcoin traded near $64,000 after partially recovering from a recent sell-off, holding between key support at $62,000 and resistance at $67,000. The market remains cautious due to $6.35 billion in Bitcoin ETF outflows over the past 30 days and geopol...
Bitcoin surged past $64,000 on June 20, driven by US Vice President JD Vance's announcement of his travel to Switzerland for renewed diplomatic talks with Iran. The cryptocurrency maintained its position above the critical 200-week moving average, a ...
Anthony Scaramucci, founder of SkyBridge Capital, remains confident in Bitcoin despite its recent sharp correction. He highlights five reasons for his bullish stance: Bitcoin's role as a hedge against currency debasement, its fixed supply enforced by...
Bitcoin recovered to around $64,200 over the weekend after a Friday sell-off, remaining roughly flat for the week. The market is focused on US-Iran ceasefire talks in Switzerland, while Iran's renewed threat to close the Strait of Hormuz adds uncerta...
