The total cryptocurrency market cap fell to $2.29 trillion, down 8.7% over the past week due to macroeconomic concerns like persistent inflation and expectations of prolonged high interest rates. This environment has led to capital moving away from speculative assets like crypto into safer government bonds. Additionally, large liquidations of leveraged positions, especially in Bitcoin, accelerated the sell-off across major cryptocurrencies. Institutional investors have also reduced their net inflows into Bitcoin and Ethereum ETFs, weakening buying support. Key coins like Bitcoin, Ethereum, Solana, and Ripple all saw notable price declines, with technical support levels being tested. While the short-term trend is bearish, such corrections are typical in market cycles, and investors should watch institutional flows and regulatory updates for clues on the next move.
Bitcoin dropped below $67,000 as uncertainty around Strategy Inc. (MSTR) impacts the market. Technical analysts warn of further downside, with key support levels between $38,000 and $43,000, and stronger support near $25,000 to $30,000 if those fail....
Bitcoin fell more than 11.25% this week, dropping below $65,360 to its lowest since March, pressured by large holders selling 24,602 BTC and Strategy's sale of 32 BTC. The price is testing a key long-term support near $61,800, with a risk of further ...
Standard Chartered predicts Ethereum will climb 41% to around $2,700 by the end of 2026, citing recent Bitcoin sales and Ethereum's ability to generate staking income as key factors. The bank highlights Ethereum's improving network fundamentals and g...
Standard Chartered's Geoffrey Kendrick views Strategy's recent $2.5 million Bitcoin sale as a key moment favoring Ethereum's performance over Bitcoin. Following the sale, Ethereum showed strong resilience with less than 2% losses, while Bitcoin dropp...
Bitcoin price dropped 4.5% to around $65,700 following Iran's missile strikes on the U.S., triggering risk-off sentiment in crypto markets. Institutional outflows from U.S. Bitcoin ETFs continued, with $519 million withdrawn, marking 12 consecutive d...
