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 dropped nearly 2% to trade below $64,700, losing about $20 billion in market value and triggering $42.3 million in long position liquidations. The decline followed stalled progress on the U.S. Senate's CLARITY Act and a surge in oil prices ab...
Dave Portnoy, founder of Barstool Sports, is selling his XRP holdings at $1.40 instead of waiting for the price to reach $2. He needs the cash urgently to participate in upcoming thoroughbred horse auctions in Saratoga and Cleveland. Portnoy's decisi...
Bitcoin ETFs have recorded seven consecutive days of net inflows since July 14, marking the longest streak since early May. This inflow totals $981.2 million and coincides with Bitcoin prices reaching up to $66,300, indicating renewed investor confid...
Large holders of XRP are increasing their positions while smaller retail investors are selling, according to a crypto analyst. Institutional purchases by firms like Franklin Templeton and Fidelity suggest confidence in a future crypto cycle despite r...
Anthony Scaramucci, founder of SkyBridge Capital, said Bitcoin is expected to gradually increase in value despite current negative market sentiment, which he attributes to investor fear rather than poor fundamentals. He highlighted limited Bitcoin su...
