Bitcoin remains resilient above the $60,000 support level despite renewed macroeconomic fears triggered by geopolitical tensions and rising oil prices. Large investors, or whales, are increasing their long positions, contrasting with retail traders who remain bearish. However, Bitcoin's spot demand remains weak, indicating new supply isn't fully absorbed, making the market's next move dependent on whether demand improves. This dynamic suggests Bitcoin could either rebound strongly if whales continue accumulating and demand rises, or face a bull trap if demand stays low.
Bitcoin's key on-chain indicators—adjusted spent output profit ratio (aSOPR), Puell Multiple, and Reserve Risk—remain below neutral levels, indicating the market is still in a bear phase despite recent price gains. The price is approaching a critical...
President Donald Trump declared the ceasefire with Iran over, warning of 1,000 missiles aimed at the country following recent U.S. strikes and Iranian attacks on shipping. This escalation has disrupted global trade, especially in the Strait of Hormuz...
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
Ethereum has completed a short-term golden cross against Bitcoin on the hourly chart, where the 50-period moving average crossed above the 200-period moving average. This technical signal follows Ethereum's recent outperformance versus Bitcoin, suppo...
XRP Ledger's AI agents have completed over 1 million transactions but with low financial volume, indicating the AI economy is still in early stages. Bitcoin mining veteran Chandler Guo predicts Bitcoin will hit $120,000 within a year and $500,000 in ...
