Bitcoin price dropped 4.5% to around $65,700 following Iran's missile strikes on the U.S., triggering risk-off sentiment in crypto markets. Institutional outflows from U.S. Bitcoin ETFs continued, with $519 million withdrawn, marking 12 consecutive days of outflows and weakening demand. Technical analysis shows Bitcoin nearing a bearish rounding top pattern, with key support levels at $65,000 and $60,000; a break below these could lead to further declines. Market uncertainty remains high due to geopolitical tensions and potential increased Bitcoin supply from Mt. Gox wallets, suggesting cautious investor sentiment ahead.
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. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
