Bitcoin fell below $63,000 amid a broad sell-off in global risk assets, reversing gains made earlier in the week due to optimism over the US-Iran peace deal. Other major cryptocurrencies like ether, XRP, and solana also declined. Market watchers warn that if Bitcoin breaks below $59,000-$60,000, a deeper downturn could follow, with $45,000 as a potential next target. Institutional demand and spot bitcoin ETFs are changing market dynamics, reducing hopes for a near-term altcoin rally and favoring tokens with real revenue over hype-driven coins.
Bitcoin's price dropped below $63,000 due to a global sell-off in risk assets, reflecting its high volatility and sensitivity to macroeconomic factors. Prediction markets show a sharp decline in the likelihood of Bitcoin reaching $66,000 by June 20, ...
Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell amid a hawkish shift in the Federal Reserve's policy. Bitcoin dropped to the low $62,000s, with long liquidations surging and market sentiment showing 'Extreme Fear.' Despit...
Bitcoin rebounded after a sharp selloff in June but remains about 15% below the True Market Mean, a key on-chain benchmark at $77,200. Recent buyers are still holding unrealized losses near 10%, with the Short-Term Holder MVRV metric below the break-...
Bitcoin, Dogecoin, XRP, and Shiba Inu are all experiencing bearish trends following recent market corrections. Bitcoin is trying to stabilize after falling from $74,000–$76,000 but remains below key moving averages, indicating ongoing long-term press...
Binance, the largest crypto exchange, recorded a net outflow of $594 million USDT in 24 hours, meaning more stablecoins left the platform than entered. This movement may indicate traders shifting funds to other platforms, DeFi protocols, or wallets, ...
