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.
Dogecoin surged to an intraday high of $0.1059 following X's announcement of new trading partnerships with Gemini, Kraken, Coinbase, Moomoo, and Interactive Brokers, allowing users to trade directly from the app. Despite this boost, DOGE closed the d...
Bitcoin has surpassed the $80,500 mark for the first time since 2023, breaking above its 365-day moving average and a key long-term trendline that previously predicted bull markets in 2019 and 2023. This breakout indicates a confirmed uptrend, suppor...
Bitcoin surged past $85,000, triggering over $1 billion in short position liquidations, while the Nasdaq Composite reached new all-time highs driven by strong AI momentum. Meta's stock jumped over 20% after launching its Muse AI assistant, adding sig...
Bitcoin's price stabilized above $86,000 after a brief pullback from a recent high of $87,374, maintaining a market cap of $1.73 trillion and supporting the broader crypto market above $3 trillion. The drop in short liquidations from over $500 millio...
Bitcoin surged 47% from its July low, yet holders are reluctant to sell, as shown by the adjusted Spent Output Profit Ratio (aSOPR) near 1.01, indicating minimal profit-taking. This contrasts with August's breakout when aSOPR was higher, suggesting c...
