Bitcoin and major cryptocurrencies fell 5-7% over the past week even as global stock indexes hit record highs and oil prices dropped due to a tentative US-Iran ceasefire extension. The ceasefire news pressured oil but failed to boost crypto, as institutional investors await clearer US regulatory guidance rather than geopolitical developments. Bitcoin remains near $73,000 after slipping below key moving averages, signaling potential weakness ahead. Analysts say the crypto market lacks a clear catalyst until US regulatory clarity emerges.
DeFi's total value locked (TVL) fell 2.3% to $80.13 billion, driven by significant weekly drops on Bitcoin (-5.73%) and Solana (-4.38%) networks. Despite steady daily active addresses, especially on Tron and BSC, the decline highlights cautious inves...
Spot Bitcoin ETFs have recorded $229 million in net outflows on May 28, marking the ninth consecutive day of withdrawals. This trend reflects a risk-off sentiment among institutional investors amid macroeconomic caution and regulatory scrutiny. Marke...
Bitcoin fell to a six-week low of around $72,728, down 3.2% on the day and 5% for the week, as broader market weakness pressured prices. Large investors, or whales, especially in derivatives, have been repositioning to manage liquidation risks, with ...
ZCash (ZEC) has fallen more than 20% since May 25 due to a broad crypto market sell-off and Bitcoin's nearly 5% decline. Despite this pullback, ZEC remains above a key support level at $486, which is critical for maintaining its bullish outlook. Tech...
Bitcoin and Ethereum prices fluctuated amid uncertainty over a U.S.-Iran ceasefire, with Bitcoin dipping to a six-week low near $72,500 before rebounding above $73,000. Trading volume increased, but over $600 million in bullish long positions were wi...
