Bitcoin's price pulled back to about $64,300 after failing to sustain a rise above $65,000, facing resistance near $65,400 and weak spot demand. Trading volume on spot markets remains low, while futures dominate activity, increasing volatility risks. Institutional demand has also softened, with U.S. Bitcoin ETFs seeing net outflows recently. Traders await the Federal Reserve's July meeting minutes for clues on interest rates, which could influence Bitcoin's next move. A break above $65,400 could lead to gains toward $66,000, while a drop below $64,000 might push prices back toward $62,500 or lower support levels.
Anthony Scaramucci, founder of SkyBridge Capital, expects Bitcoin to recover and surpass $100,000 after a period of low volatility and stagnant prices. He attributes the current slowdown to miners shifting resources to AI, capital moving from crypto ...
Bitcoin recently climbed back above $64,000, showing resilience despite a weak US equity market and rising long-term Treasury yields. Analysts suggest this marks an accumulation phase, with large holders buying after months of selling and regulatory ...
Vaneck reports that Bitcoin's prolonged 11-month price correction might be nearing its end, with 8 out of 12 capitulation signals currently active. Long-term holders have sold 356,000 BTC in the past 30 days, reducing their supply share below 60%, a ...
Bitcoin's price remains stable around $64,261 with minimal gains, while whale wallets and exchange outflows indicate accumulation rather than selling. Miner reserves are steady, supporting a neutral to positive market outlook despite limited price mo...
XRP price held steady around $1 as a significant White House meeting took place involving regulators, crypto executives, and financial institutions to discuss cryptocurrency regulation and market infrastructure. The meeting included figures from the ...
