Bitcoin fell 1.2% below $63,000 and ether dropped 1.74% as a broad risk-off sentiment hit markets, driven by a selloff in semiconductor stocks and renewed tensions in the Middle East. This caused a rotation into safer assets like gold, which rose above $4,000. Despite the decline, technical indicators such as the relative strength index suggest the crypto market is nearing oversold levels, potentially setting the stage for a rebound. Market activity has cooled, and while bearish sentiment dominates, the selloff remains orderly without panic-driven moves so far.
On July 17, $1.2 billion worth of Bitcoin options and $230 million worth of Ethereum options expired, reflecting cautious trading with no clear market direction. Bitcoin remains rangebound between $60,000 and $65,000, while Ethereum shows bearish hed...
Dogecoin is approaching a major long-term support level against both Bitcoin and the U.S. dollar, with potential for a rebound if it holds above $0.055. A quick dip below this level followed by recovery might signal a bottom, while reclaiming the $0....
Bitcoin is currently testing a critical support zone between $62,800 and $63,600. If it holds this level and recovers above $64,700, the price could rally toward $66,000-$67,000. However, a break below $62,800 risks a decline to the $60,000-$62,000 r...
Crypto trader DonAlt, known for predicting XRP's 700% rally, says Bitcoin is at a key turning point with $61,000 as the critical support level. A monthly close above $61,000 would confirm a bullish trend and potential new uptrend, while a close below...
Bitcoin fell below $63,000 following the launch of Moonshot AI's Kimi K3 model, which intensified a global selloff in AI and semiconductor stocks due to concerns over inflated valuations. The price decline mirrors losses in tech markets as investors ...
