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.
Polymarket traders currently assign only a 21% probability that Bitcoin will reach $70,000 by the end of July, with the cryptocurrency trading near $61,600. While traders expect a partial recovery, reflected in a 63% chance for Bitcoin to hit $65,000...
On July 3, $2.13 billion worth of Bitcoin and Ethereum options expired, highlighting cautious investor positioning. Bitcoin options worth $1.9 billion expired with a put-call ratio of 0.70, while Ethereum options worth $230 million had a higher put-c...
Crypto analyst Rekt Capital warns that Bitcoin's bear market may not be over, citing historical patterns from previous cycles. He notes that Bitcoin is about 270 days from its 2025 peak, while past cycles took around 365 days to reach the bottom. The...
A large investor increased long positions in Bitcoin and Solana, risking over $70 million following a weak US jobs report that eased fears of Fed rate hikes. Despite a relief rally pushing Bitcoin toward $62K, the Fed is expected to keep rates steady...
XRP ETFs saw $6.55 million in net inflows on July 2, marking their eighth consecutive positive week and pushing assets under management close to $1 billion. Bitcoin's BIP-110 soft fork, aimed at censoring non-monetary data, was declared dead by Block...
