Bitcoin traded near $62,920, pressured by renewed U.S.-Iran strikes that lifted oil and the dollar, causing crypto markets to weaken. Despite $21.4 million inflows into U.S. spot Bitcoin ETFs providing some support, technical indicators like MACD and RSI show limited bullish momentum, and Bitcoin remains below the key $65,000 resistance level. Market stress is evident as over 50% of Bitcoin supply is held at a loss, signaling late-cycle bear market conditions, though a further downside move is possible. Traders await a clear break above $65,000 for bullish confirmation or a drop below $60,000 for bearish control amid ongoing geopolitical risks and macroeconomic uncertainty.
A Bitcoin address that had been inactive since June 2011 suddenly moved 8.54 BTC, now worth about $538,000, marking a gain of approximately 461,981% from its original value. The wallet's activation is notable as it dates back to the early days of Bit...
Bitcoin surged past $63,000 and quickly moved above $64,000 as expectations for a Federal Reserve rate hike in September dropped and the US dollar weakened, making risk assets like Bitcoin more attractive. The rally was supported by reduced selling p...
Bitcoin remains steady around $63,300 after facing resistance near $64,400, showing little reaction to recent CPI data. Meanwhile, altcoins HYPE and ZEC are leading gains, signaling selective strength in the crypto market. However, bearish futures po...
Tom Lee, co-founder of Fundstrat and chairman of BitMine, expects Ethereum to significantly outperform Bitcoin in the coming years. He highlights that Ethereum's next growth phase could be driven by asset tokenization and agentic AI applications, sur...
A leading on-chain analytics platform has identified a second early bull signal for Bitcoin, indicating a potential price bottom forming as an uptrend begins. This signal follows an initial bull signal that preceded a price decline, suggesting a new ...
