High-net-worth crypto investors are focusing their portfolios on large-cap tokens like Bitcoin (81%) and Ethereum (79%) amid ongoing market uncertainty, favoring liquidity and stability. Meanwhile, smaller altcoins show extremely low Relative Strength Index (RSI) values near zero, indicating heavy recent selling pressure and potential for short-term rebounds, though these signals are not definitive trend reversals. This split highlights a cautious market where capital consolidates in major assets, while riskier altcoins face sharp declines and elevated uncertainty. Investors should watch for volume changes and broader market conditions before acting on oversold altcoin signals.
Bitcoin surged from below $60,000 to nearly $63,800 over the weekend, causing a $504 million loss for traders betting against it—the biggest daily short squeeze since April. Total crypto liquidations hit $655 million, affecting over 104,000 traders, ...
Michael Saylor, known for his Bitcoin bullishness, posted a cryptic "32?" on social media after selling 32 BTC, leading to speculation that he plans a large buy-the-dip move. Critics suggest the sale was a misdirection and predict a Bitcoin price cra...
Hunter Biden publicly supports Bitcoin and blockchain art, accepting Bitcoin as payment for his artwork and issuing blockchain-based certificates of authenticity. He praised artist Beeple and credited the book 'The Internet of Money' for shaping his ...
Bitcoin fell to around $62,900 after renewed military conflict between Iran and Israel triggered a sharp decline in Asian stocks and a spike in oil prices. The geopolitical tensions ended a fragile ceasefire, pushing oil prices up over 3% and causing...
Bitcoin surged above $80,000 in early May but then dropped below $60,000 before rebounding to $62,000, raising questions about its traditional 4-year cycle. Galaxy CEO Michael Novogratz argues that Bitcoin isn’t dead but the 4-year cycle may no longe...
