Bitcoin surged nearly 7% in the week ending July 5, marking its strongest weekly gain since March 2026. This rebound is largely driven by declining US inflation expectations, with the inflation breakeven rate falling below the Federal Reserve's 2% target for the first time this year. A weaker US dollar and falling oil prices also support bitcoin's rise by reducing pressure on risky assets. Investors now await the US Consumer Price Index report on July 14, which could confirm or challenge this optimistic trend and influence bitcoin's near-term direction.
Bitcoin fell nearly 4% after the tech company Strategy sold 3,588 BTC to fund dividend payments and boost cash reserves, causing immediate market volatility. Analysts are divided on Bitcoin's future: some see a repeat of the 2022 summer downturn, whi...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Strategy, Michael Saylor's Bitcoin firm known for its 'hold forever' approach, sold $225 million worth of Bitcoin, sparking criticism from Bitcoin skeptic Peter Schiff. Schiff estimates the sale caused a realized loss of $54 million, as the firm sold...
Cryptocurrency markets saw a general decline with major coins like Bitcoin and Ethereum dropping by about 1.2% and 1.1% respectively. Bitcoin traded near $61,883 while Ethereum hovered around $1,748. Other altcoins also experienced losses, reflecting...
