The total cryptocurrency market capitalization remains just above the critical $2.05 trillion support level after recent declines, signaling a potential consolidation phase. Bitcoin is maintaining its key $60,000 support, with traders eyeing resistance near $64,000 for a possible short-term rally. Market watchers are debating whether recent Bitcoin ETF outflows are due to interest in the upcoming SpaceX IPO or routine arbitrage activity, especially after SpaceX revealed a $1.1 billion Bitcoin reserve. The next major support level for the crypto market lies around $1.81 trillion if the current support fails, making these levels crucial for the market's near-term direction.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
