Bitcoin fell about 4% from a recent high near $66,315 to test support around $64,000 following the Federal Reserve's hawkish policy outlook, which signaled fewer rate cuts and potential future tightening. Despite easing Middle East tensions and lower oil prices, Bitcoin's recovery faltered as monetary policy concerns dominated market sentiment. Analysts warn that if Bitcoin fails to hold $64,000, it could decline further toward $61,000-$62,000, with $60,000 as a deeper support level. The upcoming June 26 options expiry and weak institutional demand add to uncertainty, making Bitcoin's near-term price action vulnerable to volatility and downside risk.
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...
Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, pr...
