The crypto market is experiencing a sharp crash with Bitcoin falling near $61,000 and Ethereum close to $1,700, while major altcoins also decline. This downturn coincides with a broader market correction as US stocks, gold, silver, and oil prices drop simultaneously, indicating a widespread liquidity squeeze rather than a typical asset rotation. The selloff is driven by multiple factors including rising Treasury yields, fears of US rate hikes, and weakness in tech and AI stocks, which also impacts crypto as a risk asset. The key support level for Bitcoin around $60,000 will be crucial to watch; if it holds, a market recovery may follow, but a break below could trigger deeper losses across crypto assets.
Bitcoin faces a bearish outlook due to structural issues like digital asset treasury uncertainties, quantum computing threats, and weakening liquidity. These challenges have led to Bitcoin's underperformance compared to resilient tech stocks, especia...
Expert trader Peter Brandt warns that Bitcoin is unlikely to rally this summer due to a bearish technical pattern in the ProShares UltraShort Bitcoin ETF (SBIT), which profits from Bitcoin's decline. The SBIT ETF has formed an inverted Head and Shoul...
In 2026, bitcoin exchange-traded fund (ETF) inflows have slowed significantly, with $2.6 billion in ETF outflows so far, as retail investors increasingly favor AI-related investments. Despite this, bitcoin's ownership base has diversified beyond reta...
Japan's SBI Shinsei Bank will reward depositors with bonuses in XRP, Bitcoin, or Ethereum worth 20% of their deposit interest, aiming to integrate more clients into its crypto ecosystem. Bitcoin is predicted to rebound to $90,000 based on technical i...
Cryptocurrency markets are experiencing mixed price changes, with Bitcoin trading around $62,754, slightly down by 0.21%. Ethereum and several altcoins like Zcash and Velvet have seen notable gains, with Zcash up 12.68% and Velvet surging nearly 25%....
