The crypto market remains range-bound with Bitcoin trading around $62,900, showing little daily movement but down over 3% weekly. Regulatory setbacks in the US, including the SEC delaying a key crypto rule vote and stalled Senate action on the CLARITY Act, have removed catalysts for a price rally. Bitcoin dominance holds steady at 56.1%, indicating capital is exiting crypto rather than rotating into altcoins. Key upcoming events like the CFTC advisory session and MSCI index consultation may influence prices, but until then, the market is expected to stay range-bound with no strong directional moves.
Bitcoin faced significant outflows from US spot ETFs, totaling $729 million over two days, signaling weakening demand. Bitunix analysts highlight $82,800 as a crucial level for Bitcoin to reclaim to confirm a recovery and potentially test $85,000 to ...
Bitcoin's price has bounced back toward $83,000 after dipping to around $80,400, with key support identified between $79,600 and $80,400. While daily momentum indicators show weakening upward strength, the weekly chart suggests a potential recovery i...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
Cosmos Hub surged 18.13% to $2.00, leading gains among 78 advancing cryptocurrencies in the 24 hours ending Oct. 9. Polkadot, Pyth Network, Aptos, and XDC Network also posted double-digit increases. Meanwhile, Bitcoin rose 2.11% to $82,743 and Ether ...
Bitcoin fell to $80,420, its lowest in October, during a period when government-linked wallets moved 17,733 BTC worth about $1.48 billion to Coinbase Prime. Additionally, 750 WBTC valued at $62 million were transferred. These movements did not confir...
