More than 8.33 million Bitcoin are now held at an unrealized loss following a market correction that pushed prices below $60,000. Data from Glassnode shows a sharp rise in Bitcoin supply in loss, reflecting many investors buying near recent highs now facing losses. CryptoQuant data indicates Bitcoin's profitability is nearing a major reset, with less than 45% of circulating supply in profit—a level historically linked to market stress and potential capitulation. These trends suggest a broader market reset and possible long-term accumulation phase ahead.
Bitcoin price odds for June 10 and June 15 have dropped significantly, reflecting reduced confidence in Bitcoin reaching higher price levels amid broader market declines. This shift aligns with investor caution ahead of the US Consumer Price Index (C...
Bitcoin is trading near $61,000 ahead of U.S. May inflation data expected to show a 4.2% year-on-year rise, the highest in three years. This inflation figure, well above the Fed's 2% target, could increase expectations for interest rate hikes, pressu...
Crypto markets are under pressure with bitcoin dropping below $61,500 and trading under its 200-week moving average, signaling a potential prolonged bear market. Traders are increasingly shorting major tokens like bitcoin, ether, and XRP, reflecting ...
Audiera's BEAT token rose sharply to about $5.44 on June 10, gaining 28% in one day and 343% over the past week, despite a broadly declining cryptocurrency market. This rally was driven by increased leverage and a short squeeze, with $4.2 million in ...
On June 9, XRP spot ETFs drew $7.44 million in net inflows, surpassing Solana, Bitcoin, and Ethereum ETFs, which saw outflows. This indicates growing institutional interest in XRP investment products even as XRP's price struggles, trading near $1.11 ...
